Ali Bush sees an opportunity to start her own website development business Ali has a masters degree in computer science. She has most of the computer equipment necessary, but she needs additional software. She feels she can take this start-up firm and create a long-term career opportunity for herself and others and can work out of her apartments extra bedroom. As the business grows, she can hire the additional full- and/or part-time help needed and reassess the location of the business.

Answer the following: 1. Which form of business ownership is most appropriate for Ali? 2. Identify the advantages and disadvantages, of the other ownership types?