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Which business structure can you recommend that suits clients A, B, and C's planned business of supplying russian food to restaurants, a partnership or a
Which business structure can you recommend that suits clients A, B, and C's planned business of supplying russian food to restaurants, a partnership or a company? And why do you recommend that particular business structure? If you choose a company, what type of company is most suitable? If you choose a partnership, what type of partnership is most suitable? Also,how third parties could take legal actions against them or the business structure once the business is operational?
Case: A B, and C want to open a business which supplies imported Russian food to restaurants. They think this will be a profitable business because there is a lot of demand for Russian caviar and vodka in Melbourne. B and C think that a partnership is a suitable business structure, but A thinks that a company is the most suitable business structure. The clients have expressed concern that third parties could take legal action against them or the business structure once the business is operational. Write a report to your supervising partner explaining your recommendation on which business structure would best suit the clients planned business. You need to be specific and explain why you recommend a particular business structure. If you choose a company, what type of company is most suitable? If you choose a partnership, what type of partnership is most suitableStep by Step Solution
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