Should lucy and bill consider changing entity types why or


Assignment

Submit a 6-page descriptive case study utilizing the case in the text book, and two academic or peer-reviewed sources. The title and references pages do not count towards the page count.

Case p. 835, in Scarborough, N.M. & Cornwall, J. (2015). Entrepreneurship and effective small business management (11th ed.). Pearson: Boston, MA

As you complete this case consider the following:

• Should Lucy and Bill consider changing entity types? Why, or why not?

• Formal business planning.

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