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  3. summarize the following issues regarding your busi

Summarize the following issues regarding your business: -  Explain the legal structure, and give the reason/s that you...

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Operations Management

Summarize the following issues regarding yourbusiness:

-  Explain the legal structure, and give thereason/s that you chose the one that you did.  What are theadvantages and disadvantages of this legal form?

-  Do you have any intellectual property withyour business?  If yes, how will you protect it?

-  What contracts do you expect your business tohave?

-  Is your business required to have any licensesor permits?  If yes, please explain.

-  What taxes must your business pay?

Answer & Explanation Solved by verified expert
4.2 Ratings (760 Votes)
Business Rockys Restaurant Bar Legal Structure Sole proprietorship Reasons for choosing the legal structure Simple and convenient Easy taxation Easy to form and wind up Complete control on    See Answer
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