Please submit a 1 page, double spaced essay answering the following question: If

Please submit a 1 page, double spaced essay answering the following question: If you had $50,000 to start a new business, what business would you start? Your essay should:
Identify the business that you would start including: the name, industry, and services/goods that would be provided and why.
Discuss the form of the business that you would like to start. Would you like to start a sole proprietorship, a partnership, an S-corporation, or a C-corporation?
Discuss why you have chosen your particular form of business. You should discuss the business reasons and the tax reasons.
This assignment will be worth up to 50 bonus points. (Note the essays points will be set to 0 in Canvas so that this score does not count against you. Your bonus points will be added after submission and grading). Your essay will be graded on whether you have answered the above questions, whether your description of the rule is accurate, and the organization of your essay. You may find it helpful to have an introductory paragraph introducing your business, paragraphs for discussing the business reasons for choosing your preferred form of business, paragraphs discussing the tax implications of the form of business that you chose, and a conclusion paragraph.