1. Edry holds a Diploma in Food Technology. He is thinking of starting a catering and delivery business. For a start, he plans to operate from his mothers kitchen with the help of his siblings. He plans to use his own savings as capital. However, should the money fall short, Edry plans to either borrow from his uncle or invite his uncle to invest in his business.

Advise Edry on the most suitable form of business for his purpose. Explain by stating advantages and disadvantages of each form of busines.