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Business Formation Describe the structure of a restaurant. this business can have any structure except a sole proprietorship. Why did we choose this structure? Who

Business Formation

  • Describe the structure of a restaurant. this business can have any structure except a sole proprietorship.
  • Why did we choose this structure?
  • Who runs our business?
  • How does our business handle profits?
  • Describe how our business will be taxed.
  • How will we minimize the liability of our business?
  • Who will be liable for any legal claims made against our business?
  • Is our business private or public? Explain. If private, do we have plans to go public? Why or why not?

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