Adult siblings Jack Piazza and Jill Piazza-DeGiornio are seeking to form a business. They have one million dollars ($1,000,000 USD) to invest, and as a result they wish to protect their investment. Likewise, the siblings want to hire professionals who will run the daily operations and managerial aspects of the company. The siblings plan to have little involvement in the daily operations for this business.

The siblings' plan is to build four (4) locations in Central New Jersey this year, with additional locations to follow next year. The business will offer pizza, Italian dinners, popular desserts, soft drinks, alcohol, and take-out options.

Your task is to decide that this will be an LLC.

Next, you will include an analysis of any concerns and actions that the owners will need to take to set up this company. For instance, if the owners are a LLC, how is this formally arranged? For some types of business organizations, no formal structure is required. Other forms of business organizations are complex, with complicated filings and requirements. How is a L.L.C formally arranged?