Mahnaz and Lisa made a lot of money from the sale of their technology business and are
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Mahnaz and Lisa made a lot of money from the sale of their technology business and are earning significant income from their investments. They now want to start a film production business. To get started, they will need to buy equipment worth about $1 million. They already have $750 000 to spend on the assets but are looking for some additional investors to contribute the remaining $250 000. Mahnaz and Lisa anticipate that the business will lose money for the first three years but after that it will be profitable. Based on these facts alone, what form of business organization would you recommend for Mahnaz and Lisa?
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Managing the Law The Legal Aspects of Doing Business
ISBN: 978-0133847154
5th edition
Authors: Mitchell McInnes, Ian R. Kerr, J. Anthony VanDuzer
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