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Alternative form of business organization

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Reference no: EM133034502

Stan is thinking about starting a toxic waste disposal business. He plans to collect the waste of businesses that produce it and then dispose of it in a sanitary landfill. In order to start this business, Stan will need a substantial amount of money to buy and develop the landfill site and purchase five trucks capable of transporting toxic waste. 

Possible Questions:

  1. What concerns would you have about operating this business as a sole proprietorship if you were Stan? 
  2. What alternative form of business organization would you recommend and why?

Reference no: EM133034502

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