You are a consultant who advises potential new business owne

You are a consultant who advises potential new business owners. An acquaintance is planning to start a small business that he wants to run as a sole proprietor. He explains that he does not understand other business forms that he may adopt, and two of his friends may want to join the business in management roles. What type of business would you recommend? Why

Solution

To starting up of a business main thing to be considered is the idea or opportunity in market, the idea to generate should be new to the market and be attractive to the customer.

After when create your opportunity and started to start up a business, will face a capital or investment.

So before starting up Off business should be effect and to fallow ethics.