Need help answering these questions for business: Scenario 2: Should he start a small business because he has money and tools? Or could he be wasting his money and lose it all. Explain why or why Tyler should/should not start his own business. What type of business organization will he need to start? Is there paperwork involved? What are the props and cons of the business entity you think he should use? What research will Tyler need to do before starting his business? Does he need to hire workers? What role could his wife play?

Scenario 3: What research will Troy and Tristan need to do to start their business? What type of business entity should they start? What are the pros and cons? How much do you estimate they need to start the business? How should they raise capital? What role will each play in the business? Are they ready to start a business? What research will they need to do?

Scenario 4: Since they have a lot of capital, what type of business should they consider? What industry should they consider with the skills and interest? What research should they do? What are the pros and cons?