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Ava asks you which type of business structure would be best for her situation: Samantha Santhanasamy Assignment, MU

QUESTIONS 1

1. Ava asks you which type of business structure would be best for her situation. Compare and contrast sole traders, partnerships, and private and public business structures and suggest which would be best for Ava and her specific commercial goals.

2. Ava is also concerned about the contract with NanoLab Solutions Pty Ltd, given it was signed before any business had been formally created. Advise Ava regarding the best way to ensure the contract remains active.

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