I need a paper that 1) provides details on the business you are going to have, 2) explains why you chose the business structure that you did, 3) explains ethical dilemmas you may encounter in starting this business, and 4) discusses potential legal issues of which you must remain aware. A complete analysis of potential legal issues will explain what the potential legal issue is, when it might occur, how you could keep the legal issue from happening, and the consequences (i.e. legal, financial, etc.) of failing to identifying the problem before it occurs.

For details on your business, be sure to include the following:

• Business name
• Location
• Legal structure (sole proprietorship, LLC, S Corporation, or partnership)
• Mission statement
• Description of products and services and how they meet the needs of the marketplace
• Target market(who will buy your product or services)
• Competitive advantage (what sets you apart in the marketplace to allow you to succeed)
• Objectives and goals (plans for growth)

For my last paper i used the following information and i would like some help to keep up with the same idea, thanks!

For the given project, I decided to incorporate the type of business of a Domestic limited liability partnership. The L.L.P. would represent two people owning a coffee shop. The reason for choosing this type of business structure is that An L.L.P. protects each partner from debts against the Partnership, which means that the partners will not be responsible for the negligent actions of other partners. L.L.P. offers some other benefits, such as the existence of flexible roles for partners; with this, the partners have the freedom to determine how the duties and the financial contributions will be delegated. Another advantage of L.L.P. is that L.L.P. shares the limited liability of a corporation but avoids the double taxation associated with a corporation under I.R.S. rules.

Business name: The coffee fountain L.L.P.

Location: Indianapolis, IN

Legal structure: Limited liability partnership

Description of goods and services:

• Goods:

Coffee

Coffee beans

Juices

Tea

Sandwiches

Coffee candies

Cupcakes

• Services
• Preparation and sale of food and drinks

• Unique information: As part of the goods and services, I would also like it to be considered that this business does not expect to be considered a simple coffee shop, but rather, in turn, we hope to be able to offer customized services for the drinks and meals of each client.
• This business has the goal of being a family-run business. This is mainly why I chose the limited liability partnership.