Hi please help me answer these questions. Thank you

Conceptualize a business that you would like to own following: the business namel after graduation. Think of the its setup (whether it's a sole proprietorship, a partnership or a corporation) its main business activity/lens the rationale behind the dream business the impact you'd like the business to have; whether socially, economically, or culturally List down how the following taxes would affect your business: income tax: what kind of sales/revenue will the business earn in its life? will you choose the tax table? will you be qualified under the 8%GRT? will you itemize your deductions? will you choose the optional standard deduction? business taxes: will you be VATable? what kind of output VAT will you have? what kind of input VAT will you have? if not VATable, why will you be taxed under OPT