Annie started her business as a sole proprietorship.

15 points Save Answer Now assume Annie's friends Marie and Connie want to go into business with her and call the business "Stitches." They each decide to contribute $10,000 cash to form Stitches. Annie will work as the seamstress. Marie will work as a knitter and Connie will manage the finances of Stitches. Their goals include opening a storefront in Burlington and have online sales as well. Annie thinks their business has the potential to grow to be in other states, too. They do not plan to grow internationally. The three are discussing whether to form a corporation or a limited liability company. Annie also heard something about something called an "S Corporation." In an essay, choose one business entity (corporation, S corporation or LLC) and explain why it would be best choice for Stitches. Identify specific reasons to support your choice, over the other options. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)