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You want to join together with a well-known Parramatta coffeehouse, 'Nectar,' to provide a combined hair studio and cafe. Nectar is owned by a renowned

You want to join together with a well-known Parramatta coffeehouse, 'Nectar,' to provide a combined hair studio and cafe. Nectar is owned by a renowned Parramatta Businessman, Bilu Singh. The coffeehouse is next door to the hair studio and you have received planning approval from the local government to create a covered outdoor area joining the coffee shop to the hair studio. You have agreed to enter into a partnership with Mr Singh for this new venture. Is this a good idea? What type of business structure would you recommend? Give reasons.

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