As discussed in the unit, there are several different ways to start a business, and each has its own risks. Create a scenario in which an entrepreneur started one of the given types of businesses (sole proprietorship, partnership, corporation, or LLC) and failed to prepare for the risks involved. In other words, describe a situation in which an entrepreneur has problems due to the specific type of business created. Your scenario should be approximately as long as the one in Question 1 in this section.

As discussed in the unit, there are several different ways to start a business, and each has its own risks. Create a scenario in which an entrepreneur started one of the given types of businesses (sole proprietorship, partnership, corporation, or LLC) and failed to prepare for the risks involved. In other words, describe a situation in which an entrepreneur has problems due to the specific type of business created. Your scenario should be approximately as long as the one in Question 1 in this section.

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