What are the negative aspects of owning that business

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Reference no: EM131664815

For this week's discussion, identify an existing small business. It could be one in your neighborhood, one owned by a family member, or one that you work for. Interview the owner, if possible, and address the following questions:

• What type of business form is it—a sole proprietorship, partnership, limited liability partnership, or corporation?

• What are the advantages and disadvantages of the business form?

• What benefits and opportunities does the owner enjoy?

• What are the negative aspects of owning that business?

• Do you think this would be a good business to purchase if the current owner wanted to sell it? Why or why not?

Reference no: EM131664815

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