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Samantha and two friends have decided to purchase a local craft business. The purchase of the craft business and associated stock will cost in the
Samantha and two friends have decided to purchase a local craft business. The purchase of the craft business and associated stock will cost in the vicinity of $180,000 and Samantha and her friends will Contribute different amounts of money. Samantha has approached your firm seeking advice on what business structure would be best suited for this venture. Samantha would like to know about partnerships. Using case law and legislation explain to Samantha how partnerships operate and any advantages or disadvantages this type of business structure mat have. Samantha would also ike to know about companies. Using case law and legislation explain to Samantha what a company is and what duties directors have to the company. Which structure do you recommend for Samantha's business and why have you recommended that structure
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