Mark Mathews and Karen Willamas are opening a software company. They have developed a new and effective software to manage small business operations. Their most fundamental decision is how to organize the business. Mathews thinks the partnership form is best. Willamas favours the corporate form of organization. They seek your advice.
Required
Write a memo to Mathews and Willamas to make them aware of the advantages and the disadvantages of organizing the business as a corporation. Use the following format for your memo:
Date: _______________
To: Mark Mathews and Karen Willamas
From: Student Name
Subject: Advantages and disadvantages of the corporate form of business
Organization