What legal entity do you think would fit your company

Reference no: EM131977290

Question: You and your friend Mark come up with a brilliant idea for a new service business while you are in college. When you both graduate, you and Mark start working together and attract the interest of Google. Mark wants to grow the business to be more attractive to Google and other potential suitors,but you think the company will be more successful if you continue your management role.

Think about the status of your partnership and the potential of becoming one of the other forms of legal entity. What legal entity do you think would fit your company? Why?

Reference no: EM131977290

Questions Cloud

How much external financing will frisch fish need : Frisch Fish Corp expects net income next year to be $605,000. Inventory and accounts receivable will have to be increased by $299,000 to accommodate.

What is the magnitude and direction of the magnetic field : What is the magnitude and direction of the magnetic field?

How much overhead was assigned to each of given three jobs : The first three jobs that southern Rim worked on had actual direct labor cost. How much overhead was assigned to each of the three jobs, 301, 302, and 30?

What then will be the charge on each capacitor : The capacitors are later disconnected from the battery and connected directly to each other, positive plate to positive plate, and negative plate to negative.

What legal entity do you think would fit your company : Think about the status of your partnership and the potential of becoming one of the other forms of legal entity. What legal entity do you think would fit your.

How much overhead was assigned to each of the three jobs : How much overhead was assigned to each of the three jobs, 301, 302, and 30? What was the over- or underapplied manufacturing overhead for year 1?

Describe the main elements of an acceptable use policy : Determine the factors that organizations need to consider when developing their acceptable use policy.

Prepare the general journal entries to record the requisiton : Southwick company uses a job order costing system. On November 1st $15,000 of direct materials. Prepare the general journal entries to record the requisiton.

Describe diffusion and adoption of really new products : What are useful assessments of future markets for emerging technologies?Describe "Diffusion and Adoption of Really New Products.

User Account

All Pages