Instructions: You will be provided with three different business start-up scenarios. For each of the three scenarios I would like you to explain what business entity you would recommend for each situation and provide an explanation/analysis as to why you have recommended a certain type of business entity versus another.

Scenario #3: Julie is an underwater welder. She currently employs 6 people and works in the seacoast area of northern Massachusetts, eastern New Hampshire and southern Maine. Julie makes good money, but she is content just working in her current geographic area and has no plans to grow her business beyond its current state. Julies work can often times be dangerous and involves a great deal of risk. Julie owns a home and various other assets and wants to ensure that her personal assets are adequately protected from any possible claims brought against her by customers. What business entity would you recommend for Julie and why?