Business Organization Decision Paper

    0

     Then format/ organize the paper as follows:
    Introduction heading section explaining the purpose of the paper. (e.g. The purpose of this
    executive business decision paper is to select a business organization entity that Hawknet Sky
    Security will be operating under that best fulfils the owners stated goals and issues.)
    Background heading section regarding the business that is the basis for this decision.   
    Insert a Pros and Con Table listing all potential business organizations (business entities—
    Partnerships (General, LPs LLPs, and LLLPs), Sole Proprietary, Corporations and S
    Corporations, and LLC)  and have a pros and cons column associated with each of the
    Syllabus’ Project II factors and issues.  A table of the characteristics of the different business
    organizations is in the Book at Figure 37.1  
    An Analysis heading section discussing in a narrative manner the analysis that leads the
    decision maker to understand the reasoning in supporting your conclusion.  
    A Conclusion heading section on which business organization you have concluded to create.  

     You have been operating out of your parents garage your sole proprietorship doing business as (DBA)
    HawkNet Sky Security, and now with a growing number of work orders for your Drone security
    airborne surveillance platform and added  financing, increase liability exposure, increase revenues
    resulting in greater taxable income, increase in employees, and inventory you must first decide whether
    you wish to continue to conduct your business as a Sole Proprietary or elect another Business
    Organization structure such as Partnership (General, LP, LLP, LLLP), or Limited Liability
    Companies (LLC), or incorporate as a Corporation (including S-Corp)). This assignment requires
    that you draft an executive business Decision Paper explaining the pros and cons of these Business
    Organizations and select the one business organization entity that best fits and addresses the
    following factors and issues:    

    You wish to separate and limit your (and any other owners) personal liability from claims and
    suits arising from this business.   

     
    You want to avoid the potential double income taxation of the owner(s) and the business entity.  

    You want to avoid or limit the formalities associated with registering filings and reports to the
    securities regulatory agencies, avoid annual owners or shareholders meetings, and elections of
    company officials.  

    You want to have direct management control of the business without answering to a separate
    board or shareholder oversight.    

    You want to limit ownership to a small number of persons (e.g. family members.)

    You want the business to continue even if you transfer your ownership interest or even if you die.  

                                                                                                                                      Order Now