Discuss two forms of business organization

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Reference no: EM132901521

Discussion Topic:

Joseph Jones is starting a new business. The business will be to sell bakery supply products to bakeries and restaurants. He plans to buy the products from manufacturers and sell the products to retail bakeries and restaurants. His friend Thomas Harris may also work with him, but Thomas will not be investing any money in the new business.

Discuss two forms of business organization that Joseph could use to organize the new business. Discuss the advantages of each method and identify the one method you would recommend that Joseph use and explain why you recommend that method.

Reference no: EM132901521

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