Question

what is the best type of business ownership between three or more individuals inclusive with an...

what is the best type of business ownership between three or more individuals inclusive with an Angel investor for a new restaurant and why? four points of justifications needed.

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Answer #1

Best type of business ownership involving three or more individual inclusive with an Angel investor for a new restaurant iwould be privately held businesses which are not listed on stock exchanges because-

A. It will help in keeping the adequate control over the business.

B. It will help in growth of the business through centralised control.

C. It would also help in lesser regulations compliances.

D.lesser conflict of interest between different parties as Number of persons are lower

E. It helps in taking risky decisions in order to expand the business.

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