Assume you are an advisor in a professional consulting firm and you are tasked by your supervisor to write a report which includes the following parts:

Part 1:

• Summarize McDonald's business (including its trading name, location, how and why it is generally used by other people); and
• Identifies the business structure which is used by McDonald's, based on freely available information about the business on the Australian Government’s Australian Business Register < https://abr.business.gov.au/> and/or ASIC Connect < https://connectonline.asic.gov.au/>.

Part 2: – IDENTIFY AND EXPLAIN BUSINESS STRUCTURES USED IN AUSTRALIA

• Your supervisor wants you to write a report which:

1. Identifies the main business structures which are used in Australia; and
2. Describes each of these business structures, and the key legal differences between the business structures and the main legal benefits and disadvantages of using each business structure. *Find relevant laws (ex: Corporations Act) and one or two law cases to support the claims.*

Part 3: – ADVISE WHETHER THE BUSINESS IS USING THE MOST APPROPRIATE BUSINESS STRUCTURE

• In the last part, you must evaluate each business structure which you explained in Part 2 of the report to provide advice. You must advise whether McDonald's is using the most appropriate business structure. (If you think the business is using the most appropriate business structure, you must explain why. If you think another business structure is more appropriate for the business, you must explain why). *Find relevant laws (ex: Corporations Act) and one or two law cases to support the claims.*