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Sorry, should be a simple write up of a half a page to 1 page. Thank youSara Blakely business, Spanx.com, a manufacturer of footless pantyhose, slimming intimates, hosiery, and other women’s apparel. The business has been a dream come according to Sara. To date, Sara remains self funded and has a reliable accounting system to help her make good business decisions. She expanded her sales and struggled to stay profitable. This year the company sold over 50,000 pairs of footless pantyhose and reports over $150 M in retail sales.Assume Sara plans on expanding her business to accommodate more product lines. She is considering financing her expansion by borrowing the funds from the bank and planning to convert the company from sole proprietorship to a partnership or corporation.If you have to advise Sara, do you think converting the company to another form of business organization is a good option?Please provide at least two (2) advantages and disadvantages of organizing sole proprietorship, partnership or corporation?Sara Blakely business, Spanx.com, a manufacturer of footless pantyhose, slimmingintimates, hosiery, and other women’s apparel. The business has been a dream comeaccording to Sara. To date, Sara…
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