Choosing the Form of Organization Anna Garza just graduated from college and is planning to start her own business. Anna is trying to decide on the best form of business organization and is debating between setting up practice as a sole proprietor or establishing a corporate entity and serving as its president.

a. What advantage(s) would there be to operating as a sole proprietorship?

b. What advantage(s) would there be to operating as a corporation?

c. Which form of business organization, if any, would Anna’s customers be likely to prefer? Why?