Discussion Post: Alan, a hair stylist, has become at long last fed up with the despotic management of the salon where he works, and he has decided to strike out on his own. He plans to set up a salon in a back room in his home. He will be the only worker in the business, and he will fund its expenses entirely from his own savings. He has come to you for choice-of-entity advice, and he would like to know specifically whether he should incorporate, form an LLC, or take other formal action. Explain what each are with advantages and disadvantages. Which one should Alan choose, and why? Please use2 references, thanks. :)