Scenario 2Angelo and Jimmy own a successful sandwich shop. The two partners propose expanding their

Scenario 2Angelo and Jimmy own a successful sandwich shop. The two partners propose expanding their business by opening a new sandwich shop close to the college campus this year and possibly a third shop in a fast-growing suburb next year. Angelo is a Certified Public Accountant who does consulting from home when he is not managing the sandwich shop. He would like to quit the consulting business and manage the new campus store full time.Jimmy suggests that they hire Tonya to run the new shop because she is younger and has a lot of experience working in restaurants. Angelo and Jimmy currently operate as a general partnership. When the partners talk with Tonya, she suggests that she would like to become a full partner. How would you advise Angelo and Jimmy when they come to you for advice about the best type of business organization for their sandwich shops? Explain your reasoning

 

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