Final answer:
Amy Mendez should carefully plan and research before starting her business, considering various business structures such as sole proprietorship, partnership, LLC, or corporation. As in any career decision, embracing some level of risk is necessary and taking a chance can lead to potential opportunities.
Step-by-step explanation:
Amy Mendez is contemplating opening her own business, and the wise approach would be b) Carefully plan and research before starting the business. Entrepreneurs like Berkeley, who is also considering starting a retail business, often exhibit traits such as being self-starters, independent-minded, hardworking, and willing to take risks. When it comes to deciding on a business structure, Berkeley has a range of options to consider. The choice will depend on various factors, such as the degree of personal liability she is willing to assume, the amount of administrative complexity she can manage, and the tax implications of different business forms. The common structures include sole proprietorship, partnership, limited liability company (LLC), and corporation. Each comes with unique advantages and disadvantages.
Regarding career decisions, it's important to recognize that even with extensive research, there is always an element of uncertainty. As highlighted in the statement "Take a Leap", at some point, it is essential to take a chance on a career path or job that aligns with one's criteria and where there is potential opportunity.