Each project must contain your name on each page of your submission. Your submission must be submitted on Blackboard through this link prior to the deadline in a Word or Pdf document. Your original work must be double-spaced with one inch margins on all four margins of each of the pages. Original work must be in 12 point Arial font. Your project can be submitted as 5 attachments or as 1 long document, however, you must label each step. Step two requires submission of a form so the font, spacing and margins will be dictated by the form. Late submissions earn zero points. There is NO MAKE-UP for this assignment. Consider turning it in early!

Step 1) Form an itemized business plan for a new limited liability company. Google

"business plan" for a treasure trove of ideas! Use the ideas as a template and adapt it to your business activity. There are some business plans that are 20 pages long and very detailed, and other business plans that are 1 page long and contain very few details.

Your business plan should be 3-5 pages long. I will include a brief overview of common sections in a business plan as an attachment.

Step 2) Fill out the pertinent State of Ohio Articles of Organization form for your new

LLC. The form is available online on the Ohio Secretary of State's website, at no charge.

Then discuss the advantages and disadvantages of the selected business structure, LLC, in a short essay not less than 2 pages long, observing requirements above. This step requires that you discuss the advantages and disadvantages of organizing your business as an LLC, not whether it is a good idea to start a restaurant, or a spa, or a bar. Check out chapter 17 in your text.

Step 3) Discuss possible federal or state governmental agencies that the new LLC may encounter, in a short essay not less than 2 pages long, observing the requirements above.

Name the agencies that your new LLC will encounter and what, exactly, this agency will require of your business.

Step 4) Create a contract between your new LLC and the XYZ Corp. Starting a new business means that you will need to buy something. Write a contract for your business purchasing goods or services from another business, XYZ Corp. There is a good example in your textbook. You may use this template or any other template you find online, but please change it to fit your new business.

Step 5) Finally, discuss the Uniform Commercial Code. You should discuss what the UCC is, what types of transactions it covers, and if the UCC is applicable to the new LLC. This should be written in a short essay not less than 2 pages long, observing the requirements above. There is a discussion of selected sections of the UCC.

Please note that each of steps 2, 3, and 5 require a separate two-page essay, with your original thoughts based on the reading of the textbook that you have done, and other resources you may choose to consult, observing the requirements above. Failing to observe the two-page minimum limit for each essay will result in lost points for that step. Failure to label each step will result in lost points for that step. Zero points will be earned if you cite to Wikipedia. Zero points will be earned if you use bullet points.

Make sure to include an MLA Works Cited page giving the sources that you used to complete this assignment.