PLEASE HELP I WILL MARK BRAINEST.
Choose one of the following businesses and choose a form of ownership that you think would be a good fit. Explain why that form of ownership would be a good fit. Write at least 4-6 sentences to explain your answer.

Many businesses could use just about any forms of ownership. This is where you get to control, and be creative, building your business in a way that YOU THINK IT WILL SUCCEED.

THE BUSNIESS I CHOSE IS WATER AMUSMENT PARK

Respuesta :

Answer:

LLC(Limited Liability Company)

Explanation:

Establishing a legal business entity such as an LLC or corporation protects you from being held personally liable if your waterpark is sued. Less paperwork. Most LLC's do not have to pay annually to the state for fees like  large corporations with shareholders do. LLC's do not have to have a fixed management structure like Corporations do, so there is more flexibility decision making. Thus, multiple reasons to use LLC with a Water Amusement Park; more cost effective and so much more flexibility with decisions and how the park is ran.