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Submit your report containing recommendations for appropriate legal structures for the five clients' business types. For each scenario, address the following in your report: Choose
Submit your report containing recommendations for appropriate legal structures for the five clients' business types. For each scenario, address the following in your report: Choose which type of business structure would be most appropriate for the situation. List pros and cons of the recommended structure. List the steps required for creating this type of business structure. Include legal considerations and examples of related legal issues, including personal liability and taxes, as well as profit distribution, if applicable.George would like to start a landscaping business and call it Landscaping by George. The business would require the use of heavy equipment, a large truck with a hydraulic lift, and an open trailer. Because of that, he is fearful of causing an accident and getting sued. He is mainly concerned about reducing the risk of losing his house and other personal assets because of something that happens with the business. (225-300 words, 3-4 paragraphs)
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