Chapters 13-15 discuss the different ways you can own a business. Think about a friend, family member, or conversation you have heard about starting/owning a business.

1-Write about this scenario (or make one up), including the goals of the business, the location, the product/service, etc.

2-Based on what you learn in this chapter, I'd like you to give some advice; how should this person own the business? Why?

3-Please include some pros and cons of the type of ownership you suggest.