Next to your coffee shop you and the other two property


You and two other people own a building. On the main floor of the building you and the other two people operate a laundromat. Next to the laundromat you operate a coffee shop which you pay rent for by agreement between you and the other two property owners. Next to your coffee shop you and the other two property owners rent space to a woman who operates a pet store that offers pet grooming services. On the upper two floors of the building are four apartments that are rented out by you and the other two property owners. What type(s) of business organization(s) might you want to form. What would you consider in choosing a business organization? What are the advantages and disadvantages of the business organization(s) you chose?

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