Business Forms

Anonymous

Question Description

Purpose of Assignment

The purpose of this assignment is to select the best organizational form, and to discuss ethical concerns with the business scenario.

Assignment Steps

Scenario: Adam and Laura wish to open a pet grooming shop called Dazzling Doggies Day Spa. Laura's mother Beth would like to contribute the startup costs in exchange for a share of profits, but she doesn't want to participate in the daily operations of the business. She also doesn't want to have any personal liability in the business.

Develop a 350- to 700-word summary with the following information:

  • Which business organizational form would be best given the above circumstances, and why?
  • Unbeknownst to Laura and Beth, Adam begins to use Dazzling Doggies Day Spa's checking account to pay all his personal bills. Are his actions ethical? Why or why not?

Cite a minimum of two peer-reviewed references.

Format your paper consistent with APA guidelines.

Tutor Answer

shellyt
School: New York University

Attached.

Running head: BUSINESS STRUCTURE

1

Business Structure
Institutional Affiliation
Date

BUSINESS STRUCTURE

2

Introduction
When it comes to starting a business, a proper decision has to be made especially about
which business structure one has to adopt. There are several factors to consider when choosing
the best business structure. In the next paragraphs, we shall talk about the best organization
structure for Adam and Laura who are considering starting a pet grooming shop. In this case,
Laura’s mother wants to contribute to the startup capital for a share in the profit realized in the
business and no personal liability on her part. This becomes important in selecting the best form
of bus...

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Anonymous
Solid work, thanks.

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Goes above and beyond expectations !

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