As a personal trainer I have decided to open an upscale health spa/resort and health club.
I want to determine the kind of business organization I want to form: incorporate as a corporation or form a partnership?
Problem 1: What are the advantages and disadvantages of forming the business as a partnership and the advantages and disadvantages of forming as a corporation?
Problem 2: What are the differences between equity and debt financing, and what are the primary ways in which each would affect the future of a business.
Please give sources.