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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Q In learning about the various types of Business Organizations, assuming you wanted to begin your own business, consider the following: a. what type of business you would like (it has to be either sale of goods or providing a service) b. what form (sole, partnership, etc) c. why choose this form d. name of your business FYI - you will be using some of this information in Week 5 Contracts.

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I would like to do a business in which I would provide any particular type of service to the global customers and consumers. This is because I feel that providing service for a start-up business is a better option rather than choosing to provide goods to the customers on sales. I feel that I would not be able to do a business on the basis of the principles of sole proprietorship. Therefore, I would want to do a business wherein I would need a partner to help me financially as well as from a personal point of view. Also, I would have to be supported by my partner from a strategic point of view. I would also require legal help to set up my partnership with my partner.