Please submit a 1-page, double-spaced essay answering the following question: If you had $50,000 to start a new business, what business would you start? Your essay should:
1. Identify the business that you would start, including the name, industry, and services/goods that would be provided and why.
2. Discuss the form of the business that you would like to start. Would you like to start a sole proprietorship, a partnership, an S-corporation, or a C-corporation?
3. Discuss why you have chosen your particular form of business. You should discuss the business reasons and the tax reasons.