Luis is setting up a new business and exploring ownership options with the least amount of restrictions. What question might luis ask himself that addresses this issue as he explores to ownership options for his new business?

Question

A. How much money do I need to start my business
B. Do I have the expertise needed to run my business myself
C. am I willing to share profits with other people
D. can I avoid complicated government regulations and business reporting

Answer 1

Luis might consider asking himself: D. Can I avoid complicated government regulations and business reporting?

This question directly addresses his concern about ownership options with the least amount of restrictions, as some business structures involve more regulatory oversight and reporting requirements than others.