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You are planning to do a restaurant business . There are different form of business Sole Trader/ Partnership/ Company. Which form of business is best for you and why? Justify your answer based on logic.

User Pyronaur
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If you are planning to start a restaurant business, it is best to opt for a partnership business.

Since you are starting something new, it is always better to opt for a partnership where all the members are liable for any risks or losses that may arise. Each member can contribute their own skillsets to the business which will help the restaurant flourish. It will also help to increase the capital and resources of the business as there are multiple owners who will contribute in the working of the organisation.

User Jonnus
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