Entity Selection Exercise.
Date Submitted: 09/10/2006 03:27:13
In the business entity selection exercise, the writer will explain his idea/vision for the business while identifying legal and regulatory issues to be considered in creating/modifying a business. The author will also advise on which professionals to rely upon for business advice and counsel. Finally, a legal entity choice will be made for the business while providing rationale for the decision.
For the exercise, this author chose Joe's commercial landscaping and tree trimming
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can protect his assets and move forward with his vision. If he chooses unwisely, it can ultimately cost him his business and much more.
Reference:
Business Filings Incorporated, (2004). Form a LLC. Retrieved Sep. 30, 2005, from
Form an LLC. Learn About LLC's, starting business Web site:
http://www.bizfilings.com/learning/llcfaq.htm#orgstruct.
Reed, O., Shedd, P., Morehead, J., & Corley, R. (2005). The legal and
regulatory environment of business. 13 ed. New York: The McGraw-Hill Companies.
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