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 story above, and using the materials covered in the class only, describe:
1. 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. (60% points / 100%)
2. The implications and requirements associated with obtaining the additional $90,000 in terms of equity or debt financing, securities laws and regulations, etc. (20% points/100%)
3. Specific requirements and considerations regarding employment law as it relates to the scenario that is outlined above. (20%/ points/100%)
Note: the three above section are not weighted equally. Therefore, you should allocate your time and space on the 5 pages of the midterm essay accordingly.
|Due By (Pacific Time)
||12/08/2014 08:00 pm