Please provide different opinions in determining the best form of business of business entity for a business having the following characteristics and explain why you chose that form of business:
1. Small business,
2. Local in nature
3. Three owners: two contributed a different amount and the third is contributing his or her services in lieu of capital, each of the owners has a spouse and adult children.
I have to select among: a general partnership, a limited partnership, a LLC, a type S Corporation, and a type C corporation.