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Uma has also noticed something interesting about her living area. Her parents and their friends have grown older and there has been more and more
Uma has also noticed something interesting about her living area. Her parents and their friends have grown older and there has been more and more talk about funerals. Uma has noticed that there arent funeral services available in the area and cremations, burials, and memorial services typically happen in a couple of neighbouring cities. To make matters worse, there is almost always a wait to get loved ones the services they need!
Uma has briefly discussed the idea of opening a funeral services business in Rosemary Heights with Bonasera, a childhood friend who works as a mortician in a funeral parlour thirty minutes away. He is excited about the idea and believes there could be major profit in the business in coming years.
Uma believes she can hire Bonasera as a part-time employee for $40,000 (20 work hours a week). Alternatively, she can ask him to be her business partner. She is wondering if him paying $50,000 for a 30% share of the business is fair. Additionally, he would be required to commit at least 20 hours a week to the business for the next five years (Uma assumes if the business is successful, they will be able to hire more staff). She wants a complete analysis on having Bonasera as a business partner, including all pros and cons.
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