Assignment $1$: Choose a business form $($example$,$ sole proprietorship and so on$),$ that would be most appropriate for Tim$$s Coffee Shoppe and justify your answer. Refer to discussion topic $1$ and the learning activities in this unit for a quick review of business forms commonly used. Further information regarding forms of business can be accessed via the U$.$S$.$ Small Business Administration $($SBA$)$ websit

Checklist:

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.