1. Directions: This lesson has discussed the cost and benefits of three different types of business organizations: sole proprietor, partnership, and corporation. Following is a list of key factors that a new owner(s) needs to consider when deciding what type of business organization is best for his or her situation:
2. How long they want to stay involved in the business as either managers or investors.
3. How concerned they are about what will happen to the business if they decide to leave

FOR EACH OF THE LETTERED POINTS ABOVE:

Decide whether each factor listed is a cost or benefit in each particular type of business organization (listed below). Give a brief explanation for your answer.