You are an expert in the field of forming partnerships. Ronald Hrabik and Meg Percival want to establish a partnership to start Pasta Shop, and they are going to meet with you to discuss their plans. Prior to the meeting, you will send them a memo discussing the issues they need to consider. Write a memo in good form to be sent to Hrabik and Percival.

a. Name two services performed by the firm.

b. Legal formalities required to forming the partnership firm

c. Required investment for each of the partners.

d. Profit and loss sharing procedures.

e. What is the firm's total annual revenue?

f. How many clients (expected) does it service?

g. How many people are employed (expected) by the firm?

h. How many partners are there in the firm? Explain Why?

i. How would you design the Decision-Making Across the Organization?

j. Did you have someone help you form this organization (attorney, accountant, relative, etc.)?

k. What conclusions concerning the firms financial positions can be drawn?