Anita and Andrew have started a small business that seems to be thriving. Friend

Question

Anita and Andrew have started a small business that seems to be thriving.   Friends have suggested that they should consider legally organizing as something other than the present proprietorship. They are asking for your advice via email (you do not know them). Compose up to five questions. and state the purpose of each question. that could be used to collect information about Anita and Andrew and their business that is relevant to making a recommendation on how they should legally organize their business.

Answer below using approximately 50 words per question

Explanation / Answer

1) what profits they are earning on their business .does it can satisfy the norms for any business to be legalized?

2) does they are paying taxes as per the rules. can also be taken in to consideration while legalzing the business?

3) the business that they are doing will cause any harm to the society will also be used while legalising?

4 ) proving that their business will help the growth in the economy and also showing that their business increases the gdp and national income

5) proving that their business gives employment to lots of people and also provides many other facilties to their employees

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