What form of ownership is best for the business


Problem: "The Shoe" started as a small shoe store that expanded and now has 10 locations. Plans are for more expansion and the owners believe that over the next 5 years they will open 25 stores a year. The current 6 owners realize that they will need to bring additional investors on board to help them expand, and they anticipate that they will need to raise millions of dollars for their expansion perhaps through venture capitalists or by going public. What form of ownership is best for this business under these circumstances? Group of answer choices Partnership Corporation LLC S Corporation

 

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