week 1 bus 670 (1).doc

Birthday party and seeing the wonderful turn out i

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birthday party and seeing the wonderful turn out I realized that I could be making money on a daily basis as well while doing something that I enjoy. Originally in the back of my head I had my focus on opening a sole proprietorship, but instead figured a partnership would be more profitable with the help of more than just one person. After verbally agreeing with the building to constantly bring in revenue from renting out the venue we had our club in motion. Being that me and one of my colleagues were the two managers that made us fully responsible for anything that could possibly transpire moving forward. In the event that someone was to get injured the claimer has the right to sue and both partners must assume full responsibility. So far being that our first official night was January 12, 2017 our business has been very successful. On a weekly basis we have deals such as free seafood night, a daily happy hour, and even karaoke night to constantly attract the crowd to return and continue driving more revenue into the business. By the end of this year I think I will be in a position to where I’m comfortable enough to open up my own establishment. References Seaquist, G. (2012). Business law for managers [Electronic version]. Retrieved from https://content.ashford.edu/ Staff, I. (2018, April 09). Limited Liability Company - LLC. Retrieved from https://www.investopedia.com/terms/l/llc.asp
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5 Running Head: Week 1 Assignment
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