Question
Mr. John decides to start a small business with the intention to expand it in the future. He has some capital, but he fears he
Mr. John decides to start a small business with the intention to expand it in the future. He has some capital, but he fears he may lose some of his personal assets if the business fails. Also, Mr. John is not sure he has enough capital to proceed with a sustainable business. At the same time, he has some doubts in sharing the ownership of his business with partners that had not to participate in the 'creation of his business project'.
Having in mind these issues, advise Mr. John regarding what you consider to be the optimal business type for a safer, and with more prospects of development and sustainable growing business. Argue by comparing the business types that can be considered a viable option.
(400-700 words)
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