Question

I am in my late thirties. I have worked myself up from handling mail to being an agent for a wellknown entertainment agency. I now represent several famous musicians. People say I am an enthusiastic and tireless promoter. To help my clients get jobs, I use bite-sized chocolate chip cookies as a calling card. My aunt taught me how to bake cookies when I lived with her as a teenager. Before I dropped out of high school and joined the air force, I was getting vocational training in the food trades but I have never run my own business. Some of my friends in the entertainment industry have encouraged me to open a store that would sell my cookies. They have offered to help finance my venture in exchange for partial ownership. My cookies would look and taste very different from the cookies sold in the grocery stores today.

Answer 1

Private Limited Company

Step-by-step explanation:

According to a different source, you are required to provide a business plan that matches this description. The type of business that would best work in this case would be a private limited company.

A private limited company is a small business that is privately owned. This is particularly useful because of the limited liability, which ensures that shareholders and owners only lose their investment if the company goes bankrupt, but not their private assets. Moreover, a company of this type limits the number of shareholders to 50 and keeps them from trading shares publicly.