Business Entities

Running head: BUSINESS ENTITIES, LAWS, AND REGULATIONS PAPER Business Entities, Laws, and Regulations composition Business Entities, Laws, and Regulations Paper eating house/Bar Lou and Jose image to commit a sports bar and restaurant, neither of them stick the fitted funds to invest into the line of work. There is a wealthy investor by the name of Miriam that is leave aloneing to provide capital to counterbalance the business concern concern in return for a percentage ownership. In this business there will be three owners relate; the vanquish way to construct the business would be inwardly a limited coalition. According to Cheeseman (2010), a limited partnership has a corresponding law in government. The partnership essential send a document stating their information return as rise as their income information; this is the amount of funds that argon scattered in the partnership, and funds earned in the partnership. Miriam is an exceedingly prompt investor, so that leaves Lou and Jose the responsibility to comply with the governments regulations. If the business abides by the governments regulations, the employees and the customers will stay away from any trouble that may arise. The business that Lou and Jose are going to open can be live on with the status quo.

There can be shrimpy falsify to the Restaurant and bars atmosphere, the control that the investors will bind is the socialist economy in the restaurant and the safe atmosphere. A tidy tot that operates based on morals is most likely to effect on profit. Due to the type of environment that Lou and Jose will be in, it is best t hat they take precaution measures for events! that may arise at bottom the restaurant. The corporation is liable for whatever may occur national of the business. Employers are aware that there should be no old(prenominal) harassment, discrimination, racial discrimination, religion, and ethnic disrespect, among others (White, 2007). Professional Practice Akiva and Tara want to open a birthing clinic together; they...If you want to get a bounteous essay, order it on our website: OrderEssay.net

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