What business form would be most appropriate for Tim’s and why? Explain the benefits and drawbacks of the business form you chose. Explain which general state and federal laws (see resources below) might impact registration of Tim’s business, due to the fact that it is a restaurant business

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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  • What business form would be most appropriate for Tim’s and why?
  • Explain the benefits and drawbacks of the business form you chose.
  • Explain which general state and federal laws (see resources below) might impact registration of Tim’s business, due to the fact that it is a restaurant business. 
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