This client has been running their own business providing bicycle repair and tune-up services to corporations who
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Question:
This client has been running their own business providing bicycle repair and tune-up services to corporations who in turn offer that as an employee benefit for their staff. The business is one year old and the client wants to open another branch in another city which will be run by someone else, and if that goes well will expand into additional cities. As it grows he would like to offer the managers at the various locations slight ownership in the firms as an incentive.
- What corporate or business form you recommend that they use given their circumstances and why it is the best for their situation.
- What a possible alternative form may be and compare and contrast the two options.
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