Organizational Forms of Business
Suppose a group of accountants wanted to start their own accounting company.
What are the various organizational forms of business they could choose? Describe the strengths and weaknesses of each model. Give your recommendation of which model would be best suited for a group of accountants and WHY?
In which organization type is it easiest or most difficult to raise money? Explain the advantages and disadvantages as a borrower or from the perspective of the lending institution.
