if you are given a chance to put up a business , what business would it be ? what type of business organization would it be? and why did you chose that kind of business ?explain your answer briefly .
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Most new businesses start out as sole proprietorships. This is the simplest form of ownership for a sole owner and requires little more than a tax ID number. However, when there are concerns over taxation or liability issues, or when the business has multiple owners, other organization types should be considered.
Which organization type is best for your business depends on a number of factors, including the type of business it is, the number of owners it has, and the degree of concern over taxation and liability issues.
Correct me if im wrong? baka wrong talaga:< d ko gusto ma report i was just trying my best to help..:<