So far I've had a lot of trouble trying to think of a business where I feel confident covering all the areas in the business plan outline. I have decided to cover a business that focuses on slow practices to create garments at a decent price while remaining friendly to practices that support ethicality and resourcefulness, as we live in a time where fast fashion has a major human, societal, and environmental impact that we are all becoming more aware of Where I'm struggling is here: -In what ways could this business utilize legal guidelines to leverage tax benefits or government support? -Is there a way to scale this company (as it seems like it would likely be small operation) to ensure it has characteristics of a corporation? (Does it need to resemble a corporation or follow those specific guidelines/requirements for the legal structure section? Or could it be structured as a smaller business for the sake of the project? -I'm not sure at which stage of operation to engage from the standpoint of company advantages and regulations.

ENGR.ECONOMIC ANALYSIS
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So far I've had a lot of trouble trying to think of a business where I feel confident covering all the areas in the business plan outline. I have decided to
cover a business that focuses on slow practices to create garments at a decent price while remaining friendly to practices that support ethicality and
resourcefulness, as we live in a time where fast fashion has a major human, societal, and environmental impact that we are all becoming more aware of.
Where I'm struggling is here:
-In what ways could this business utilize legal guidelines to leverage tax benefits or government support?
-Is there a way to scale this company (as it seems like it would likely be small operation) to ensure it has characteristics of a corporation? (Does it need
to resemble a corporation or follow those specific guidelines/requirements for the legal structure section? Or could it be structured as a smaller
business for the sake of the project?
-I'm not sure at which stage of operation to engage from the standpoint of company advantages and regulations.
Transcribed Image Text:So far I've had a lot of trouble trying to think of a business where I feel confident covering all the areas in the business plan outline. I have decided to cover a business that focuses on slow practices to create garments at a decent price while remaining friendly to practices that support ethicality and resourcefulness, as we live in a time where fast fashion has a major human, societal, and environmental impact that we are all becoming more aware of. Where I'm struggling is here: -In what ways could this business utilize legal guidelines to leverage tax benefits or government support? -Is there a way to scale this company (as it seems like it would likely be small operation) to ensure it has characteristics of a corporation? (Does it need to resemble a corporation or follow those specific guidelines/requirements for the legal structure section? Or could it be structured as a smaller business for the sake of the project? -I'm not sure at which stage of operation to engage from the standpoint of company advantages and regulations.
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