1. David is an experienced restaurant manager who wants to openhis own restaurant (at one location only) and be the manager of it.He knows that he needs at least $100,000 to create and operate thebusiness, and he knows that he can only raise $50,000 on his owntowards the $100,000 he needs. Name for him all of the types ofbusiness organizations that exist (all of them). Tell him which twoof those business organizations would likely be his best options,and tell him what the advantages and disadvantages of each of thosetwo are. Then tell him which one of the two you would recommendthat he use to operate the restaurant business, and include atleast two reasons as to why you would choose that type of businessorganization over the other one.
