Description
We have chosen a restaurant. I am the sole proprietor and the other members work for me. I only need Part 3!
Part 1:
Select a business entity that can be transferred by the owners and in a minimum of 525 words address the following:
- Explain why the entity was chosen by the team and how the entity choice supports the overall vision for the business.
- Outline the role (officer or director) each team member will play in the business, their responsibilities, and why they were selected for the particular role.
Part 2:
Draft a disciplinary policy for the company. Using at least 350 words, identify employee discrimination risks and analyze how the disciplinary policy will help to mitigate those risks.
Part 3:
Draft a succession plan for the business using at least 350 words. Each team member should have some ownership interest in the business.
Cite a minimum of 2 scholarly sources.
Format Format Part 3 of the assignment like a contract. Search the Internet for examples.
Must pass 5% plagiarism checker
Explanation & Answer
Answer posted please confirmKindly go through the work and let me know in case of any question,problem or clarificationIf the answer is okay,looking forward to work with you again.Thank you
Topic: BUSINESS SUCCESSION PLAN
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Introduction
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Question Analysis
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References
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Running Header: BUSINESS SUCCESSION PLAN
NAME
INSTITUTION AFFILIATION
DATE
BUSINESS SUCCESSION PLAN
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BUSINESS SUCCESSION PLAN
Business succession plan
1.
Rationale
Business organizations must be managed sustainably to outlive their founders as well as
inject new strategy and resources from shareholders who desire to seek success. Ownership
interest in business stipulates the responsibility and the different rewards parties involved are
ent...
