When friends reunite at a wedding, they reveal their plans for business ventures. Al and Amy, an

Question:

When friends reunite at a wedding, they reveal their plans for business ventures. Al and Amy, an unmarried couple, propose opening a Thai restaurant. Al is a dentist, and Amy is director of public relations for a publishing company. Amy will quit her job eventually to manage the restaurant. They will hire a chef whose restaurant is about to close. Carl is a successful real estate agent who wants to open his own real estate firm. Bob has tried several business ventures, but all have failed, including a venture to manufacture ski racks for motorcycles. 


Dave and Donna, a newly married couple, plan to quit their jobs, move to Wyoming, and open a software development business. They want the business to have few investors. They have lined up potential clients who will finance their initial efforts in return for software customization. What business forms should each of these individuals use for their business ventures? What additional questions do you want to ask to help you determine the best business forms for their ventures?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Law for Business

ISBN: 978-1259722325

13th edition

Authors: A. James Barnes, Terry M. Dworkin, Eric L. Richards

Question Posted: