You are a much sought-after business consultant and take pride in growing your clients' start-up businesses. A young couple approaches you for advice on how they ought to start and nurture their business model. Based on your business entities knowledge,explainthe atleast six (6) characteristics as well as three (3) advantages and two (2) disadvantages of setting up a "partnership" and "private limited company" options.Defendyour advice with an entity example of choice suitable to them.