Part A: Business Ownership
1. Describe the pros and cons of each of the following forms of business ownership in relation to your business idea:
2. Describe the preferred form of business ownership for your business idea. Explain the advantages and disadvantages of this form of business ownership and discuss how you will maximize the advantages and minimize the disadvantages. Give the rationale for your decision.
Part B: Canadian Business Laws and Regulations
Part C: Your Role as an Entrepreneur or Small-Business Owner
1. What are your strengths and weaknesses as a business owner?
2. What will you do to maximize your strengths and minimize your weaknesses?