Bailey's dream is to open a chain of salons. She hopes to attract investors to help finance growth. Having once considered forming a C corporation, Bailey wants to have more flexibility about how the new business willbe taxed. She also wants to offer investors/owners limited liability. Bailey can satisfy her objectives by setting up a(n)Multiple Choicegeneral partnership.alien corporation.S corporation.limited liability company.

Limited liability partnership is the type of partnership where the liability of the partners is…

Answered: Bailey's dream is to open a chain of…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Maria is considering operating a local business in the beauty and cosmetology sector in the islandof Trinidad. She has completed research into the operations of similar businesses locally andintends to market and sell her products initially at the local level, with the possibility of extendingat the regional level in the near future. Maria understands that to shape the business’s overallstrategy there are various strategic drivers both internally and externally which must be consideredand wants expert advice on these drivers relevant to her business. She is also struggling withdeciding on the best structure for the organization, as well as the most effective ways of marketingher products to ensure that they are more attractive to buyers than the current options. She isconsidering a strategic alliance but is not sure if to form links among non-competitive firms orassociate with firms in an unrelated activity. Maria is aware of internal and external tools whichbusinesses use to…
very urgent thankyouuu!!!!
Create notes for a financial proposal to seek funding for 3 persons new uber business venture in st.kitts and nevis. 1. Business Market – Size of the market, the competition, channels of distribution 2. Financing requested – How much money will be required to fund the start-up? In whatcurrency? Provide a justification for the amount requested.3. Source of Funding – From where will the business seek funding, commercial bank, venturecapitalists or any other? Provide a detailed justification for the choice.4. Management Structure – Provide an Organizational Chart, identify key personnel, theirrespective roles and the number of employees.

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