Business organization would be most appropriate

Reference no: EM131791395

Owen plans to open Owen’s Pets Store, a pet supplies outlet, and to hire Quinn and Ruth. Owen will invest only his own money. He does not expect to make any profit for at least two years and to make almost no profit for the first three years, but he hopes to expand eventually. Which form of business organization would be most appropriate? Why? Consider issues in business diversification, financing, liability and taxes.

Reference no: EM131791395

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