Solution-Prepare a memo about the business formation

Prepare a memo about the business formation

Assignment Help Business Law and Ethics

Reference no: EM131289789

Assignment

Gloria is very concerned about insulating herself and her family from personal liability. You are a business planner and accountant. Gloria has come to you to get some advice on which business entity best suits her needs and objectives. For this assignment, you will prepare a three- to four-page memo to Gloria Smithson to advise her on which business entity you recommend she choose based on her situation and your research.

Prepare a memo that addresses the elements below.

Identify three business formations that you believe Gloria could consider as appropriate for her business.

Define each chosen business formation.

Explain at least three pros and three cons for each potential business formation.

Using the course material and the DeVry Library, research which business formation would best insulate Gloria and her family from potential liability.

Your memo will be graded using the Week 3 You Decide Rubric.

Below are some more tips to help you be successful in this assignment.

The heading of your memo should be: Memo to Gloria Smithson.
Your memo should be three to four pages long, exclusive of the cover page and references page. It should comply with APA 6th edition formatting.

Cover page

References page

12-point, Times New Roman font

No website references

Include at least two scholarly references in addition to your textbook

Include in-text references to sources

Reference no: EM131289789

Questions Cloud

Determine the pressure at this point in atmospheres : The deepest known point in the ocean is 11,034 m in the Mariana Trench in the Pacific. Assuming sea water to have a constant density of 1050 kg/m3, determine the pressure at this point in atmospheres.

How many tons of sugar will americans purchase from us : How many tons of sugar will Americans purchase from U.S. suppliers at $200? How much tariff revenue on sugar imports will the U.S. government collect at $200?

Describe the elements of an organizations microenvironment : Name and briefly describe the elements of an organization's microenvironment and discuss how they affect marketing.

Find the pressure difference between points a and b in psi : A differential manometer is used to measure the pressure change caused by a flow constriction in a piping system as shown. Determine the pressure difference between points A and B in psi. Which section has the higher pressure?

Prepare a memo about the business formation : Prepare a memo about the Business formation:Define each chosen business formation.Explain at least three pros and three cons for each potential business formation.

What does aflamnah do to protect potential investors : What does Aflamnah do to protect potential investors? More generally, what protections are in place for investors with regard to crowdfrauding?

Analyzing foreign financial statements is important process : Taxes are a significant part of doing business. List and describe 2 tax factors that must be considered when establishing a foreign company. What is a tax haven? List and describe 2 advantages of operating in a tax haven country? Analyzing foreign fi..

Interested in entering the catfish farming business : Lance is interested in entering the catfish farming business. He estimates if he enters this business, his fixed costs would be $50,000 per year and his variable costs would equal 30 percent of sales. If each catfish sells for $2, how many catfish wo..

Find the force and location of the force acting on window : Glass viewing windows are to be installed in an aquarium. Each window is to be 0.6 m in diameter and to be centered 2 m below the surface level. Find the force and location of the force acting on the window.

User Account

All Pages

Prepare a memo about the business formation

Reference no: EM131289789

Reference no: EM131289789

Questions Cloud

Reviews

Write a Review

Business Law and Ethics Questions & Answers

Legal environment of business caselet

Business ethics & legal issues caselet

Questions on business law and ethics

Discuss the doctrine of ratification of pre-incorporation

Discuss the extent of phoenixing activity

Application of law to facts

Question on business law and ethics

Questions on business law

Iidentify the issue raised by the facts

Evaluation of software development

Business value and ethics

Explain what is meant by income by ordinary concepts

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT