Watch the following video: https://www.youtube.com/watch?v=QbC89YBA5PQ&t=2s

Now, assume you have decided to start your own company. You have designed the perfect cookiecutter.However, you need to set up your business.

1. From the video content, identifywhat the biggest challenge would be for you personally in starting your own business.

2. From the material covered this week, identify which business form (sole proprietorship, partnership, LLC, orcorporation) you would use for your business. Explain why you would choose that particular business form.