Paper Homework: Business Formation
Instructions
Shania Jackson is a mature Christian thinking of opening a Christian coffeehouse near Detroit, Michigan. Her husband, Marvin, is open to making a contribution of capital to the business, but he has no interest in participating in its day-to-day operations or management.
Shania's sister, Kelsey, is a new Christian who has told Shania that she's been looking for an excuse to get out of the house and would love to be a part of the business. Kelsey's husband, a non-Christian, opposes his wife's involvement and has told her that he wants her to remain a stay-at-home mom to their 2 children.
Shania's neighbor, Carlos, is a non-Christian who has also expressed an interest in participating in the business as a way to earn extra income. Carlos thinks the "Christian thing" has potential with all the big churches in the area, including a Mormon temple and a large Kingdom Hall of Jehovah's Witnesses.
Shania has considered organizing her business as a sole proprietorship, a partnership of some sort, a small corporation, or an LLC.
Advise Shania on the following decisions:
a. Which of the business entities under consideration best accomplishes her business goals?Thoroughly explain the reasons for your recommendations.
b. Which of the interested persons she should include in her business, in what role(s), and why? Your analysis must include Biblical perspectives, such as Biblical considerations of marriage, and business relationships with non-believers. Thoroughly explain the reasons for your recommendations.
Format your homework according to the give formatting requirements:
a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
b. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.