bus_415_week_4_team_assignment___f...

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bus_415_week_4_team_assignment___f...

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RUNNING HEAD: Entity Business Plan Entity Business PlanFor this assignment, the business entity chosen will be the Sports Bar Franchise. The name of the franchise will be Jons Sports Grill. The most important choice that a person must make after naming the organization is what type of entity they will choose. This business will take the corporation side. Corporations are the most dominant form of business organization in the United States, and range in size from one owner to thousands of owners called shareholders (Cheeseman, 2007, p. 314). A corporation is a fictitious legal entity that is creating according to statutory requirements and corporation codes that are state statutes that regulate the formation, operation and dissolution of corporations (Cheeseman, 2007, p. 315). Corporations can range from government corpor

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