Week 1 Discussion
Scenario 2 – Cems of Office Structures
Nick and Mitch are associates in a lucky lawn thrift office and are owing the possibilities of expansion. Mitch has been attendant college to examine accounting. Mitch would relish to slice end on his landscaping responsibilities when he graduates to seize on a unmeasured age labor in accounting; thus-far, he could administer the financial affairs of the house.
Nick suggests that they employ Tracy to append the house owing he is younger and could eliminate up the work Mitch was doing. Nick and Mitch currently produce-an-effect as a unconcealed house. When the associates confabulation with Tracy, he suggests that he would relish to behove a unmeasured associate.
How would you warn Nick and Mitch when they conclude to you ce teaching environing the best model of office structure ce their landscaping office? Explain your rationalistic.
Consider at lowest undivided poor obligation non-interference in your acceptance, such as the LLC or LLP.
Discussion Question Part II
Select any cem of office structure thought-out this week and beget a office that sells at lowest undivided comprehensible work, such as books or help, or agrees a employment, such as pet grooming or daycare. You earn remain to raise this office each week. In brace to three paragraphs agree the forthcoming notice environing your office.
Name of office
Description the work or employment and why it was selected
Location of the pre-eminent office–must be in your avow
Model of structure (solitary proprietorship, house, LLC, S corp, etc.) and why that cem of structure was selected
Advantages and disadvantages of the cem of structure selected
Legal requirements ce cemation of the office in your avow. Cite sources from the avow, as pertinent.