Alessandro is planning to open an Italian restaurant Bellissima in Chicago. At the early stage...

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Finance

Alessandro is planning to open an Italian restaurant Bellissima in Chicago. At the early stage of running his business, Alessandro is going to be the only owner, but later he will need more funds to open other restaurants around the country. Alessandro is expecting his business to have a medium level of risk, but he does not want to lose personal assets if there are lawsuits against the business. Also, Alessandro would like to avoid high taxes and significant tax compliance costs.1Which organizational structure would you recommend to Alessandro? In your own words, explain why this organizational structure would fit Alessandros business.

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