Cookie Creations 1.docx - Andrea Galvis Accounting 2320 Cookie Creation 1 a What form of business organization—proprietorship partnership or

Cookie Creations 1.docx - Andrea Galvis Accounting 2320...

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Andrea Galvis Accounting 2320 Cookie Creation 1 a. What form of business organization—proprietorship, partnership, or corporation—do you recommend that Natalie use for her business? Discuss the benefits and weaknesses of each form that Natalie might consider. Natalie should have a sole proprietorship as her form of business. She is the best fit for this business because a partnership is not needed due to the fact that it would require two or more people which would be a weakness to her business. She would mainly benefit from a sole proprietorship because it is much simpler to establish because the owner has control and tax advantages rather than a partnership. A partnership would require her to share control of the business and currently, she is the only one running it, but she would still receive tax advantages. Natalie could also consider the option to start a corporation that is more structured and complicated than a partnership and sole proprietorship. The
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