Harold Williford recently patented a new iron. 8umless. This iron allows the user to iron clothing while wearing them without causing any harm to the user. Harold would like toestablish a company to manufacture. sell. and market the new product Harold is cash-strapped and has few financial resources. He seeks your advice on which form of business he should create.
Write a paper (6-8 pages) in which you explain which business form (sole proprietorship, general partnership. corporation. limited liability company. or public benefit corporation) Harold should select. The paper length applies only to the content and excludes any work cited or title pages. Further, discuss the advantages of your selected business form over the other four. Your discussion Is limited to only the five listed business teems The paper should cite references to the course PPTs and/or textbook applying either MLA or APA style.