Explain any 2 forms of business organizations ,clearly giving disadvantages and advantages of each form

Franchisor- sells the right to open stores and sell products or services using its brand, expertise, and intellectual property. PROS- You can make a profit by asking the brand owners to use their brand image/name on your behalf. The customers are going to think that the business is from the brand owners because of the brand name and image. CONS- the person that asked to use your brand name might not know how to be a good decision-maker. SOLE TRADER- a sole trader is a person who manages his own business alone he might have employees but the business is his only. PROS- doesn`t have to share profit with other people. he can do his ideas without anyone disagreeing with him or discouraging him. CONS- he won`t have anyone to assist him with the business. The business can shut down because he will not be able to run it alone.