YOU MUST INCLUDE A MINIMUM OF 2 CASES IN THIS PART B AND 1 RELEVANT ACT. BUSINESS REPORT FOR THE FOLLOWING SITUATION You and your friends David and Alexis are thinking about opening three cafs in Adelaide based around a theme (you can select your own theme if you wish) You have all identified the locations you want to have the cafes. You have offered to write a report on the most suitable business structure. David and Alexis would like to manage one of the cafes each and if you want to manage the third caf you can but if you do not want to manage the third caf their friend Stevie will be happy to manage the third cafe. Stevie has no money so she is unable to invest in the business. You all believe you need a total investment of $300,000. David and Alexis can contribute $50,000 each and you can contribute the remaining amount of $200,000. Consider the situation above, prepare a report for your next meeting with David and Alexis, making| sure you address the following questions: a. Compare and contrast partnership and a company set up. i) Contrast the suitability of each business structure for your business.. ii) Identify the advantages and disadvantages of starting/investing in the business based on the two business structures. Table of Contents Executive Summary Table of Contents 1 1. Introduction .... 2 2. Business Structures 2 2.1. Partnership. 2 2.1.1. Advantages and Disadvantages of a Partnership. 3 2.2. Company 4 2.2.1. Advantages and Disadvantages of a Company. 2.3. Comparing the Partnership and the Company.. 5 2.3.1. Establishment.. 5 2.3.2. Structure 5 2.3.3. Liability. 5 2.3.4. ?????Agency. 6 2.3.5. ???? ..... 6 3. Management of ???? Cafs. .6 3.1. Restraint of Trade 6 3.1.1. Restraint of Trade Clause for ?????. 7 3.1.2. Restraint of Trade Discussion .8 4. Conclusion and Recommendations......... 8 5. References 10