Maria wants to start her own business. She has decided to re…
Maria wants to start her own business. She has decided to rent a small retail space and open a coffee shop. Additionally, she will sell baked goods and sandwiches. Although she will need to hire employees to staff the shop, she figures she can run the business herself. Maria is considering operating her business as a sole proprietorship.What are the primary legal advantages and disadvantages to this form of business ownership for Maria’s coffee shop? Compare these to two other forms of business organization, outlining the advantages and disadvantages of each, and make a recommendation as to which business form might be best for Maria.
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