Explain the gathering place- coffeeshop

Assignment Help Business Law and Ethics

Reference no: EM1339676

Explain The Gathering Place- coffeeshop

Betty Wilson, a mature Christian, is thinking of opening a Christian coffeehouse in Belmont, NC. Her husband John is open to making a contribution of capital to the business, but he has no interest in participating in its operation or management.

Betty's sister, Alice, a new Christian, has told Betty that she's been looking for an excuse to get out of the house and that she would love to be a part of the business. Alice's husband, a non-Christian, opposes his wife's involvement and has told her that he expects her to remain a stay-at-home mom to their 2 daughters, Ally and Lisa, ages 13 and 15.
Betty's neighbor, Erma, a non-Christian, has also expressed an interest in participating in the business as a way to earn some extra income. Erma thinks the "Christian thing" has potential with all the big churches in the area, including a Mormon temple and a large Kingdom Hall of Jehovah's Witnesses.

In researching the coffee business, Betty came across a few franchise opportunities, some of which would require her to adopt the franchise name and trade dress but others that would only require her to move into a turn-key facility and agree to purchase a certain volume of product every month for a period of no less than 10 years. Both types of franchises offered to provide training for her and any staff she might hire.

Betty has considered operating the business as a franchise, a sole proprietorship, a partnership of some sort, a corporation of some sort, as an LLC, or even as a joint venture. She is thinking of calling the business "The Gathering Place."

From both a legal and spiritual perspective please:
1. Address the pluses and minuses of each of the various business forms that Betty might adopt and recommend one, giving clear reasons for your recommendation.

2. Address whom Betty should agree to take into the business with her and why? If she elects not to take in any interested party, what should she tell them is the reason or reasons, if anything?

3. Do a corporate name search: to determine if the name she is considering is available for use in the State of North Carolina.

4. Assess whether the name that she is considering is a good name choice for trademarking purposes and any other legitimate business reasons.

Reference no: EM1339676

Questions Cloud

Pros and cons of a floating exchange rate system : What are the advantages and disadvantages of a fixed exchange rate system. What are the pros and cons of a floating exchange rate system.

Calculate company total asset turnover : Calculate company total asset turnover

Future value and present value : Need help with the following. Can you please show me how to answer the questions at the end of this reading for future value and present value. How much will tuition and living expenses be per year when Brady is ready to attend? Give an answer for ea..

How are nuclear dna and mitochondrial dna transferred : How are nuclear DNA and mitochondrial DNA transferred.

Explain the gathering place- coffeeshop : Explain The Gathering Place- coffeeshop and Betty has considered operating the business as a franchise and a sole proprietorship

Impacat of slavery on economies : Discuss the differences between the North and South economically, socially, and religiously. In your response, please emphasize how slavery ties into the differences.

Describe the market structure in which the selected good : Describe the market structure in which the selected good or service competes. Discuss the implications of the market structure on pricing.

Various aspects of leadership traits and skills : Write a report to elaborate on the various aspects of leadership traits and skills. Also provide a minimum of three reference sources from the Internet.

Give the main functions of microfilaments in the cell : give the main functions of microfilaments in the cell.

User Account

All Pages