When an individual wants to set up their own business they have to decide what legal form their business will take. They can choose between sole trader, partnership or limited company.
If a person wants to work on their own, they choose either sole trader or limited company. If they want to work with others, they can choose between a partnership and a limited company. It is believed that a limited company gives more credibility than a partnership or sole trader.
What type of business would you advise the following people to set up and why?
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