Choose a form of legal organization that is most advantageous
Choose a form of legal organization that is most advantageous for the proposed company in your business plan and document the reasons why you think this is the best choice. Also, list the disadvantages of this legal form of organization and address how you will effectively deal with these issues.
Make sure to go back and include these strengths and weaknesses issues in your SWOT.
Submissions should be 1-2 pages in length. Cite all necessary sources and include all references. Your document should be completed using APA format and standards.
CHOOSE A LLC THE BUSINESS IS A CLEANING COMPANY
just wanted to let you know the company is a commercial cleaning company and the legal structure is an LLC
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Limited Liability Company
The choice of a legal business approach always depends on the expected advantages from the identified form of business. In this case, a cleaning company may not be vast in the beginning, and would primarily use personal resources in the initial stages of the investment. Consequently, a limited liability business approach is an ideal business organization from a legal perspective. A limited liability is a form of business in which the proceeds from the business in question are viewed as part of the individual income, which implies that they would be taxed as part of the individual’s income, and not separately as a business (Schwartz, 2014).
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