Nadia is an aspiring and driven entrepreneur with a passion for the digital world and she has an innovative idea for a new mobile app. She wants to establish her digital technology start-up, but she's unsure about the most suitable form of business for her venture. Nadia's app, called "Edu Spot," aims to revolutionize the way people manage, track and complete their courses and assignments during university. She has conducted market research, developed a business plan, and is now ready to formalize her business structure. she is deciding between a sole proprietorship, a partnership, a LLC or a corporation BASED ON THE INFO PROVIDED, CONSIDER THESE FACTORS AND ELABORATE ON THEM AS IT RELATES TO NADIA'S DREAM 1: THE OWNERS VISION 2.THE DESIRED LEVEL OF CONTROL 3. THE LEVEL OF STRUCTURE 4. THE ACCEPTABLE LIABILITY EXPOSURE 5. TAX IMPLICATIONS 6. SHARIN PROFITS 7. FINANCING NEEDS 8. THE NEED FOR CASH
Nadia is an aspiring and driven entrepreneur with a passion for the digital
world and she has an innovative idea for a new mobile app. She wants to establish her digital
technology start-up, but she's unsure about the most suitable form of business for her venture.
Nadia's app, called "Edu Spot," aims to revolutionize the way people manage, track and
complete their courses and assignments during university. She has conducted market
research, developed a business plan, and is now ready to formalize her business structure.
she is deciding between a sole proprietorship, a partnership, a LLC or a corporation
BASED ON THE INFO PROVIDED, CONSIDER THESE FACTORS AND ELABORATE ON THEM AS IT RELATES TO NADIA'S DREAM
1: THE OWNERS VISION
2.THE DESIRED LEVEL OF CONTROL
3. THE LEVEL OF STRUCTURE
4. THE ACCEPTABLE LIABILITY EXPOSURE
5. TAX IMPLICATIONS
6. SHARIN PROFITS
7. FINANCING NEEDS
8. THE NEED FOR CASH
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