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Bob is a 30-year-old man from San Diego, California. Bob thinks it would be a good idea to start his own business. After giving it

Bob is a 30-year-old man from San Diego, California. Bob thinks it would be a good idea to start his own business. After giving it some thought, Bob decides that he wants to open up his own auto repair ship. The shop will specialize in oil changes, tires, brakes, alignment and other general engine repair. Why might it be a good idea for Bob to form the business as a corporation? Are there any disadvantages to forming a business as a corporation?

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