Presume that you are starting a business selling sunglasses at the swap meet they (used to)have at the college parking lot on weekends and you speak passable Spanish.You could have one rack of sunglasses, or you could have 19 racks, and if so, you'd need a few employees.Sales on 1 rack are $400 per week, and sales of 19 racks would be $8,000 per week after a couple of months.You have a friend that would be willing to help you in the business who has a pretty good ability to negotiate with sunglass salesmen to find good deals.He wants $300 per day he works,half of the profits, and he does not want to be liable for any losses you might have.

Tell me the business organization you would start if you choose the 1 rack business, or if you chose the 9 rack business, and why.Briefly describe how you might finance your business (you need $5,000 to start it)

Presume for the 9 rack business, (you need $40,000 to start it) you choose to bring in a friend, so tell me the basic concerns you might have.