Address the following:
Imagine that you have a new client asking you to recommend a business structure. Some examples of business structures include sole proprietorship, LLC, partnership, or corporation.
- Select a business type to use in your response, such as a manufacturer, a dental practice, or a consulting firm. Please do not use a real business name or the names of private individuals. What structure would you recommend for the business in your example? What would be the most critical information you would need to make this recommendation? Describe the assumptions that you would make along with your recommendation.
- Provide a rationale for your response.