Glenda is a much sought-after business consultant and take pride in growing her clients start-up businesses. A young couple approaches her for advice on how they ought to start and nurture their business model. As you are also a fellow consultant in the same line of business, based on your business entities knowledge, explain at least six (6) characteristics each of a partnership and private limited company as well as three (3) advantages and three (3) disadvantages of setting up a partnership and private limited company option respectively. Defend your advice with an entity example of choice suitable to them. ( 25 marks)

Word count up to 1500 words.