solve 2nd question please

sole propriotership

5. Group Project: Mid-Project Report: At the end of Unit 6 you should submit a 3-4-page report outlining the following. Note that you are required to submit reports as per the assignment schedule, and you can discuss these questions in whatever order that best suits your business choice. What is your assessment of the Internal (Micro) and External (Macro) environment this business exists in? Are there any critical factors you must consider before you continue with this idea? What form of business you will decide for your idea? Sole proprietorship? Partnership? Limited Liability Partnership? Corporation? Non-Profit