Question
Jessica, the owner of Sisco Pizza, is a sole proprietor. Jessica wants to obtain additional capital to expand Sisco Pizza, but she is having difficulty
Jessica, the owner of Sisco Pizza, is a sole proprietor. Jessica wants to obtain additional capital to expand Sisco Pizza, but she is having difficulty getting approved for a loan from the bank to do so. She also doesnt want to lose control over the management of Sisco Pizza. Jessica is contemplating converting Sisco Pizza into another business form. What are Jessicas best options for business form to attain all of her goals of more access to capital while retaining sole control over the management of Sisco Pizza? Please explain why each option you describe for Jessica is appropriate.
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