Clint is very fond in cooking and has a taste and skill of a chef. He would like to go into a restaurant business for himself but he needs some money to get started. With that, his parents offer to help him get his feet on The ground and start his own business. They agree to invest in his business; however, they don't want to be involved in any part of the business, they are just helping their son. Clint asks for your advice on how to organize his business. What business form would suit best to Clint needs? Why? What are the advantages of this business form?
Clint is very fond in cooking and has a taste and skill of a chef. He would like to go into a restaurant business for himself but he needs some money to get started. With that, his parents offer to help him get his feet on The ground and start his own business. They agree to invest in his business; however, they don't want to be involved in any part of the business, they are just helping their son. Clint asks for your advice on how to organize his business. What business form would suit best to Clint needs? Why? What are the advantages of this business form?
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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