Case analysis The answer must be 200 words or more. No online source Many artists and art lovers embrace the idea of the

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Case analysis
The answer must be 200 words or more.
No online source
Many artists and art lovers embrace the idea of the “starvingartist,” such as the early career artist who hasn’t yet sold muchof her art or whose art hasn’t yet been “discovered,” the artistwho sacrifices lifestyle, living in a cheap apartment in a poorneighborhood, scraping by with barely enough to eat, pouring everydollar at their disposal into his art, or the artist who makes doby working other jobs, such as a waiter or waitress, to pay therent so he can work on his art in his free time.
As an artist and businessperson, however, you’d rather not be a“starving artist.” Of course, it takes time to master yourart, display your work, and build a following, but is it necessaryif you’re successful as an artist to also be a badbusinessperson?
The challenge with your art, bronze sculptures, however, is whatcomes first, the chicken or the egg, in other words, success as anartist or financial success? With the cost of materials,foundry time to pour and shape your creations, and the help oftechnicians or specialty artists, it can cost thousands of dollars,sometimes tens of thousands, per piece. But without financialsuccess, you lack the capital needed to create your work. And, without your work to sell to art lovers, you don’t have thecapital you need to create your work. Yes, indeed, chicken oregg?
Since you’re a better artist than a business person, you’reworking with a lawyer and accountant who have advised you toestablish a company and choose a business form that helps yousucceed as an artist. They’ve given you some preliminaryinformation on sole proprietorships, C corporations, Scorporations, partnerships, and limited liability companies. You don’t know about any of that, but you know that you want toshield yourself from lawsuits, minimize taxes, have the ability tobring on different financial backers over time (in the art world,financial backers start by backing projects and then as theirconfidence grows in the artist, they eventually back the artistoverall and not just specific projects), and give yourself as muchflexibility as possible.
What business form would give the artist the greatestamount of flexibility over time?