Property law Case Study Example | Topics and Well Written Essays - 750 words - 3

Property law - Case Study ExampleIn addition, with partners that expect to join in her strain and their various reasons, which probably may not be in line with the image she wants to project, the lack of partners makes it an attractive option. The business is as well as flexible and permits her to uphold a relationship with her target clients, as well as having no corporate tax (Knapp & Semmel, 2011). This makes it an attractive option. However, it is true that it is not an super attractive option because Betty allow be fully liable for the business, which is risky because she will be welcoming the customers into her place of business. Betty will also have to get along with raising the funds on her own and deal with her limited managerial abilities (Knapp & Semmel, 2011). The reduced sources of capital that are available for her also make expansion difficult. Finally, the concomitant that she is obligated to use her own funds and that of her family, couplingd with unlimited l iability does make it an unattractive option. Corporation I find this to be short of the outmatch option, despite the provision of liability protection. Considering that the integration time for a corporation requires more money and time as compared to a sole proprietorship. The business will also be regulated and supervised by entity rules from local, state, and federal jurisdictions. This would make it more difficult to use the name The Gathering Place since it is already in use in the state and another state. Incorporation of Bettys business may also result in the business being liable to pay more taxes (Cross, 2009). In addition, the dividends that the corporation will pay to shareholders will not be deductible, and the income may be double taxed. I do not commit that franchising will be applicable in this case the corporate feel it gives the business may not be suitable for a Christian family-based establishment. confederation It is my belief that a partnership would be the best idea for Bettys coffee shop. Indeed, it is true that this form of business will allow Betty to share the business risks and profits with those who are close to her. It is also true that Betty has several takers for the partnership already. The startup cost will be low the business will let more borrowing capacity compared to the sole proprietorship, and she can make high caliber Christian employees her partners, which will enable her to get more customers from other churches. In addition, splitting of income will allow her to save on taxes (Mongalo et al, 2010). There will also be limited regulation from outside. This is the best option for Betty and her business. Partners, Investors, Employees Bettys maintain I agree that Betty taking her husband, as a partner would be a splendid idea for the business. As Christians, it is true that they are one as advised by the Bible, and are one in the eyes of God. John, Bettys husband, would be an ideal partner in a coffee shop with a C hristian setting, especially in a society where it feels like the institution of marriage is under threat. A coffee shop with a married couple as partners would be a sure draw for the conservative Christian base. John and Betty can contribute to the business as separate entities, from personal sources and commit loans, although they will operate the business as one. Bettys Sister It is true that Alice is coming into business with an inappropriate reason, and I do not believe that Betty should fill her at all. If John is not for the idea of Alice