Chapter 4 assignment.docx - 1 Running Head TURNING T-SHIRTS...

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1Running Head: TURNING T-SHIRTS INTO MEMORIESTurning T-shirts into MemoriesState College of FloridaAbbey ArneGEB 1101: Introduction to BusinessDr. Frank ClementsSeptember 13, 2020
2Turning T-shirts into MemoriesTurning T-shirts into MemoriesIntroductionRoss Lohr and Nathan Rothstein have created a company that gives old t-shirts a new andimproved life, turning old shirts into fleece-backed quilts. Project Repat helps United States workers earn wages by taking custom orders and sewing them on the spot. In the following we look at the how S corporations have a disadvantage with investors, how a partnership is a more logical classification for Project Repat and what types of questions I would ask as an angel investor. Project Repat is a growing company that is feeling out their options and wanting to make the best decisions to do so. Ross Lohr and Nathan Rothstein are responsible for recycling over a million t-shirts that would have gone to landfills. They also have created dozens of jobs for United States workers and worked to benefit the local communities.

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