Fifteen Years Ago, Saul Started a Small Business in Which

Multiple Choice

Fifteen years ago, Saul started a small business in which he was the only owner. He is looking to change ownership structure because his business has grown exponentially and he would like to expand overseas. Saul knows his overseas expansion will be expensive and he will need investments from people outside the business to make that happen. Saul would likely consider switching to which form of business?

A) an entrepreneurship
B) a sole proprietorship
C) a partnership
D) a corporation