Discussion:
Task:
You are about to start a business (you pick the type of business). Spend a sentence or two describing the business. Also, assume that you need $100,000 to get started and while you have $10,000 of your own, somehow you will need to "find" the other $90,000. In addition to yourself, assume also that you will need to hire at least one person full-time to assist you.
Based on the above, and using the materials covered in this class only, describe:
The best form of business organization you select for your business and why. In discussing "why", please be sure and describe the basis for your selection including the pros and cons over all other available alternatives;
Create an essay discuss the question in DETAIL.
The essay should discuss legal issues of (LLC, Partnership, different Corporations, Liabilities, loans, security loans), and all legal issues may rise to affect your decisions.