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Determine which business org. best suits each situation.

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Which form of business organization might best suit the following?

a. A consulting firm with several senior consultants and support staff.

b. A house painting company owned and operated by a college student who hires some friends for occasional help.

c. A paper goods company with sales of $100 million and 2000 employees.

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Solution Summary

a. The consulting firm is most suited to a partnership. Each senior consultant might be a partner, with partial responsibility for managing the firm and its clients.

b. The college student would set up the business as...

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a. The consulting firm is most suited to a partnership. Each senior consultant might be a partner, with partial responsibility for managing ...

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