Advantage-disadvantage of this four business structure

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You and two friends decide that you wish to set up a small business, a coffee shop in the heart of Green Square as you have undertaken some research and you know that there is a huge residential development in progress and you should be able to do well financially when that development is complete. Which business structure is better? Sole trader, trust, partnership or company model? Can you analyze the advantage and disadvantage of this four business structure?

Reference no: EM132282912

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