QuickHelper

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About QuickHelper

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Elementary,High School,College,University,PHD

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Accounting,Applied Sciences See all
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Teaching Since: May 2017
Last Sign in: 353 Weeks Ago, 3 Days Ago
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Education

  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

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  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Accounting Posted 08 Jun 2017 My Price 10.00

choice of business entities

Question description

 

Lucy owns and manages two businesses. She now intends to start a third. Her new business will offer high-end catering services. Lucy will be the sole owner, but will spend very little time in the business. The inspiration and driving force behind the business will be Jane. I addition to Jane, the business will have ten employees and regularly have three trucks on the road. Lucy anticipates that the business will be profitable from the get-go. She anticipates withdrawing profits on a regular basis. She wants to have a separate entity for business purposes. What form of entity do you recommend? What additional facts would you like to have?

Answers

QuickHelper
(10)
Status NEW Posted 08 Jun 2017 12:06 PM My Price 10.00

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