Question
Thomas and Bryan decided to start a small business, buying flowers and plants wholesale and reselling them to the public. They will both contribute equally,
Thomas and Bryan decided to start a small business, buying flowers and plants wholesale and reselling them to the public. They will both contribute equally, and they have a location. They are split on which form of organization to choose; Bryan wants a corporation and Thomas wants a partnership.
Discussion Questions: What are some of the advantages and disadvantages of Thomas and Bryan forming a corporation? What are the advantages and disadvantages of their forming a partnership? Which organizational form do you think would be best for Thomas and Bryans company and why?
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