Suppose that you are sole proprietor presenting to a group of investors where you are seeking 20

Question:

Suppose that you are sole proprietor presenting to a group of investors where you are seeking 20 million dollars to raise capital for your manufacturing company.
Choose the one form of organization best suited for your manufacturing company and explain why:
•
• Limited Liability
• Limited Liability Company (including single member LLC)
• S
• Franchise
Corporation Outline for the investors which form of organization would be the least suited and why?
Address the following for the investors regarding the corporate form of organization only:
• Summarize for investors what legal liabilities could arise for the Director or officer of that board?
• Explain how you could minimize those liabilities for the Director or officer of that board?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may... Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...