Ismail and Sameer are opening a paint store. There are no competing paint stores in the area. They must decide how to or
Posted: Wed Mar 09, 2022 8:14 am
Ismail and Sameer are opening a paint store. There are no
competing paint stores in the area. They must decide how to
organize the business. They anticipate profits of $100,000 the
first year, with the ability to sell franchises in the future.
Although they have enough to start the business now as a
partnership, cash flow will be an issue as they grow. They feel the
corporate form of operation will be best for the long term. They
seek your advice.
Requirements
competing paint stores in the area. They must decide how to
organize the business. They anticipate profits of $100,000 the
first year, with the ability to sell franchises in the future.
Although they have enough to start the business now as a
partnership, cash flow will be an issue as they grow. They feel the
corporate form of operation will be best for the long term. They
seek your advice.
Requirements