use the work sheet format made available but only to give brief, bullet point advantages and disadvantages for each business form. Then choose the two business forms which would be the most logical to use or are in use for a business that you work for, that you know of, or that you would like to start. Then, in a maximum of 500 words , explain to me how the advantages and disadvantages of the two business forms would affect the chosen business's operations. I am asking you to consider the practical effect of a business form selection. Business Forms Worksheet There are seven forms of business: sole proprietorship, partnership, limited liability partnership, limited liability company (including the single member LLC), S Corporation, Franchise, and Corporation. 1. Research and provide three advantages and three disadvantages for each business form . 2. Provide a 100 - to 200 - word summary in which you provide an example business that you would start for each form . W hat is legally necessary to file in order to form that business ? D iscuss at least one of the advantages and one of the disadvantages of that form. Sole Proprietorship Advantages 1. 2. 3. Disadvantages 1. 2. 3. Summary Partnership Advantages 1. 2. 3. Disadvantages 1. 2. 3. Summary Limited Liability Partnership Advantages 1. 2. 3. Disadvantages 1. 2. 3. Summary Limited Liability Company , (including the single member LLC) Advantages 1. 2. 3. Disadvantages 1. 2. 3. Summary S Corporation Advantages 1. 2. 3. Disadvantages 1. 2. 3. Summary Franchise Advantages 1. 2. 3. Disadvantages 1. 2. 3. Summary Corporation Advantages 1. 2. 3. Disadvantages 1. 2. 3. Summary Business Forms Worksheet There are seven forms of business: sole proprietorship, partnership, limited liability partnership, limited liability company (including the single member LLC), S Corporation, Franchise, and Corporation. 1. Research and provide three advantages and three disadvantages for each business form . 2. Provide a 100 - to 200 - word summary in which you provide an example business that you would start for each form . W hat is legally necessary to file in order to form that business ? D iscuss at least one of the advantages and one of the disadvantages of that form. Sole Proprietorship Advantages 1. 2. 3. Disadvantages 1. 2. 3. Summary Partnership Advantages 1. 2. 3. Disadvantages 1. 2. 3. Summary Limited Liabil.