The following entrepreneurs were seated at the same table for a local small business awards night. Throughout dinner, they discussed the businesses they had started and were surprised to see that each one of them had organized their business using a different form. Can you tell which form they used?

1. Alfonse was pleased that his form of ownership allowed him to choose between a couple of different tax methods.
2. Amy shared the profits from her florist shop with her sister Ava, but unlike Ava, was responsible for liabilities if the firm didn’t have sufficient assets.
3. Alva was insistent that he wouldn’t share profits or business secrets and wanted to have total control of his waterproofing business.
4. Andrea was able to raise capital through selling stock in her architecture firm, although who could own these shares was restricted by state law.
5. Anthea’s company would raise money for famine victims.
6. Andy and his cousin, Al shared equally in all aspects of their construction business – decision, profits, taxation and liability if the firm didn’t have sufficient assets.
7. Anthony liked raising capital through issuing stock in his hearing aid manufacturing company, but hated the double taxation he faced.
8. Annemarie laughed, “Well, I chose the form that none of you did!”