What are the advantage and disadvantage of hiring an independent contractor?  What would be the desiding vote whether or not to hire an independent contractor for my small business or hire one of my employees?

If you were to start a business, what ownership form would you choose? Wjat factors might affect your choice?

Which of the following is true about this statement: "In a sole proprietorship, the owner's personal assets are at risk if the business is not successful." Is this true?   a) No, personal assets are protected by sole proprietorship laws.   b) Yes, there is no protection for personal assets with sole proprietorships.   c) No, personal assets are only at risk with corporations.   d) Yes, this is true for all forms of business.

What advantages does a sole proprietor offer? What is a major drawback of this type of organization?