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Legally Speaking Here's the scenario: You and your team serve as consultants to business owners who need help in deciding which legal form of ownership

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Legally Speaking Here's the scenario: You and your team serve as consultants to business owners who need help in deciding which legal form of ownership is best for them. You're currently working with three clients. For each client, you'll evaluate possible legal forms of organization, debate the alternatives, and make a recommendation. Then, you'll write a report to your client, presenting your recommendation and explaining why you arrived at your conclusion. In addition to learning the basic facts about each company, you've gathered additional information by asking each client the following questions: How much control do you want? Do you want to share profits with others? How much liability exposure are you willing to accept? What are your financing needs? What are you willing to do to set up and operate your business? Should it be possible for the business to continue without you? Legally Speaking Here's the scenario: You and your team serve as consultants to business owners who need help in deciding which legal form of ownership is best for them. You're currently working with three clients. For each client, you'll evaluate possible legal forms of organization, debate the alternatives, and make a recommendation. Then, you'll write a report to your client, presenting your recommendation and explaining why you arrived at your conclusion. In addition to learning the basic facts about each company, you've gathered additional information by asking each client the following questions: How much control do you want? Do you want to share profits with others? How much liability exposure are you willing to accept? What are your financing needs? What are you willing to do to set up and operate your business? Should it be possible for the business to continue without you

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