Task : You wish to set up and operate a business in your chosen industry sector, e.g.
Question:
Task: You wish to set up and operate a business in your chosen industry sector, e.g. sports, events, creative enterprise or any other industry. You have a meeting arranged with your lawyer in two weeks. She is very expensive, so you wish to make the most of the meeting. The lawyer has asked you to provide some information in advance so that she can be ready to advise you during the meeting.
Your task is to prepare a written briefing document that provides the requested information.
Her email asks the following: 1. Please provide a brief description of the purpose of your business. (My business is small pub in town) 2. What legal structure do you propose for the business and why? (Partnership)
3. Will you need me to draft any contracts? Please name the parties involved in each contract and their key responsibilities/obligations. name of the parties is (employees, customers, partnership with family, Suppliers, Bondholders 4. Do you have any other legal concerns, for example, regarding licensing requirements or potential liability? Why do you think these issues could be important for the operation of your business?