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Jake and Logan Jake and Logan Johnson are two brothers in Huntington, W'est 1'ir'irginia, who started a lawn mowing business two years ago. Business has

Jake and Logan Jake and Logan Johnson are two brothers in Huntington, W'est 1'ir'irginia, who started a lawn mowing business two years ago. Business has been boomingl. Starting with just ten lawns to mow per week= they now have 2111] lawns each paying $513 per week for lawn care services in West Virginia, l[:l'hio, and Kentucky. The growth means that Jake and Logan must both work at the business Jll time, and they have also hired 3 full time employees to help. They have also rented a garage for business use, located at State Route 2, Huntington, West 1iIJ'irginia 25202. Jake and Logan have also been approached by an inventor that has developed an autonomous lawn mowing drone. The mventor is offering Jake and Logan the exclusive right to the technology for a tenyear period. This teclmology will allow Jake and Logan to mow up to LUIS!) lawns per week per drone, with limited need for human supervision. It would also enable Jake and Logan to expand their business into multiple states. The mt'entor is offering to license the drones to Jake and Logan for $1,000,000 per drone per year. The brothers are intrigued by the idea of the lawn mowing drones, but they currently lack the capital to license one. There is no chance that a bank would loan them the money, so they would need to find an outside irwestor to provide the money. They also aren't sure about the safety of the drones. Logan= in particular, is afraid of getting sued by someone if a drone orhurnan operated lawn mower were to injure a person or property. Neither Jake nor Logan care much for the administrative work associated with the business, and they have asked you to be their business manager. You quickly realize that the brothers are operating without a business entity. 1While the brothers have a Federal Tax ID Number for their business {312222222} and a separate business bank account, they have not secured a trade name. Jake tells you not to worry about any tax formshis cousin is a CPA and is working on it

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