What form of business organization would you recommend


Question: Mahnaz and Lisa made a lot of money from the sale of their technology business and are earning significant income from their investments. They now want to start a film production business that they will control. They will need to buy equipment worth about $1 million. They already have $750,000 to spend on the equipment but are looking for some additional investors to contribute the remaining $250,000. Mahnaz and Lisa anticipate that the business will lose money for the first three years but after that it will be profitable. Based on these facts alone, what form of business organization would you recommend for Mahnaz and Lisa?

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Accounting Basics: What form of business organization would you recommend
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