Unit One Assignment.docx

We also know what makes each other tick so if one of

This preview shows page 2 - 3 out of 3 pages.

have been friends for many years we know we can trust one another. We also know what makes each other tick so if one of us is having a bad day we can help each other out. Plus we both bring something to the table that the other one does not so we can balance each other out. I don’t believe any of the other legal entities would work for us because this is something her and I would like to do together. We both want to make sure we succeed with this and make our dreams come true and we do not want to worry about being a part of a corporate business where they have to tell us how to run our business. We both like the idea of having our freedom to do what we want. And there is no way either one of us could do this alone because I do not have the business background and she does not have the cosmetology background. The draw back from my choice in legal entity would be if my partners and I were to have a falling out. This could be devastating to our business and could end it completely. Not to mention could end a very long term friendship. Another drawback could be the strains of running a business could cause a lot of tension between the two of us, which again could destroy our
Image of page 2

Subscribe to view the full document.

business. The final draw back would be if one of us decided to give up on the business then the other one would be without that support and knowledge and again could potentially end it all.
Image of page 3
  • Winter '15
  • Carmen
  • hair salon, Empire Beauty School, Kristi Strout, Girl Hair Salon

{[ snackBarMessage ]}

Get FREE access by uploading your study materials

Upload your study materials now and get free access to over 25 million documents.

Upload now for FREE access Or pay now for instant access
Christopher Reinemann
"Before using Course Hero my grade was at 78%. By the end of the semester my grade was at 90%. I could not have done it without all the class material I found."
— Christopher R., University of Rhode Island '15, Course Hero Intern

Ask a question for free

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern