Jen started a new sustainability$-$oriented business six years ago, making single$-$serve coffee pods out of recyclable paper, rather than plastic. At the time, Jen had $4$ employees and was hoping to expand. Now her company Jen's Pods is experiencing rapid growth and she is expanding in size and volume.

Answer the following questions about the form of Jen's small business:

$1.$ Based on what you learned in the materials for this week define the various types of business entities.

$2.$ At the time Jen started her company, what type of business entity would you have recommended? Why?

$3.$ What type of entity would you recommend in Jen's present situation and what would the advantages be for her?

$4.$ What are some consequences of choosing a poorly matched type of business entity?Jen started a new sustainability$-$oriented business six years ago, making single$-$serve coffee pods out of recyclable paper, rather than plastic. At the time, Jen had $4$ employees and was hoping to expand. Now her company Jen's Pods is experiencing rapid growth and she is expanding in size and volume.

Answer the following questions about the form of Jen's small business:

$1.$ Based on what you learned in the materials for this week define the various types of business entities.

$2.$ At the time Jen started her company, what type of business entity would you have recommended? Why?

$3.$ What type of entity would you recommend in Jen's present situation and what would the advantages be for her?

$4.$ What are some consequences of choosing a poorly matched type of business entity?