They have applied for a patent, which is currently pending. Your expertise is in helping clients evaluate business formation options and business strategy.
He is also an engineer and agrees Gloria smithson Gloria that they should start a business, but Gloria smithson is not willing to quit his job at this point to help Gloria. When she felt confident that she had perfected the design, she and her husband Joe fabricated a prototype.
Joe Smithson is an engineer, and he and Gloria worked steadily for approximately 1 year to develop the design. An engineer by education, she spent evenings designing a newer, better, and more efficient widget that would revolutionize the energy industry.
You have created an extensive memorandum that outlines the various business entity options, the strengths and weaknesses of each, as well as suggestions concerning global expansion. You are a business planner and accountant.
Below are some more tips to help you be successful in this assignment. Gloria knows the business will start small but believes that it will grow into a multimillion-dollar company with many employees.
Nancy and Roger Forrester: You have cultivated many international contacts in a variety of fields, including manufacturing. The heading of your memo should be: Now, 18 months later, their attorney told them Gloria smithson they have been granted provisional design and utility patents.
Gloria is confident that she is ready to start her business, and she wants to quit her current job to do so. It should comply with APA 6th edition formatting. You believe that you will be able to help Gloria find appropriate manufacturing options abroad as well as companies in several countries with which she might want to partner.
Gloria has researched accounting firms and believes she has found one that will be able to answer all of her questions. Using the course material and the Library, research which business formation would best insulate Gloria and her family from potential liability.
Cover page point, Times New Roman font No website references Include at least two scholarly references in addition to your textbook Include in-text references to sources Share this article: Define each chosen business formation.
Gloria has come to you to get some advice on which business entity best suits her needs and objectives. Your paper should be three to four pages long, exclusive of the cover page and references page. Gloria Smithson and her husband Joe have created a revolutionary widget that they believe will revolutionize the industry.
Prepare a paper that addresses the elements below.
She wants to develop a long-term relationship with an accountant who regularly works with start-up businesses and who has global connections. They are independently wealthy and consider themselves to be venture capitalists; they invest money into new businesses they believe will be profitable. They want to create a business that can grow steadily and perhaps expand globally.
Explain at least three pros and three cons for each potential business formation. When the prototype functioned as they intended, they hired a lawyer to file design and utility patent applications.
They have created prototypes and are ready to begin looking for manufacturers and accounts.
Memo to Gloria Smithson. Identify three business formations that you believe Gloria could consider as appropriate for her business.
Gloria is very concerned about insulating herself and her family from personal liability. For this assignment, you will prepare a three- to four-page memo to Gloria Smithson to advise her on which business entity you recommend she choose based on her situation and your research.
However, they have not yet created a business and are not sure which type of entity will best serve their needs. She wants to minimize the taxes the business pays, and she wants to make sure that she and her family are insulated from personal liability for debts of the business, or liability in the event of injury caused by the widget.Gloria A.
Smithson, of Norrisville, MD, entered into eternal rest July 7,in York. Born in Stewartstown, she was the daughter of the late George E.
and Mabel E. Grein. Gloria was an integral part of the family farm, preparing meals for her family and all of the farm help. Gloria Steinem’s career in journalism has revolutionized how we view women in society.
InSteinem started working as a freelance writer for Esquire. In. Memo to Gloria Smithson 1 LAWS The Legal Environment: Week 3 You Decide Professor Jennifer Stephens Memo to Gloria Smithson Lon Abercrumbie III 9/20/ DeVry University This preview has intentionally blurred sections%(45).
Gloria S Smithson (age 60) from Westport, CT and is affiliated with the Republican Party. She is a female registered to vote in fresh-air-purifiers.com Country: Westport, Ct View the profiles of people named Gloria Smithson.
Join Facebook to connect with Gloria Smithson and others you may know. Facebook gives people the power. Sep 02, · Gloria Smithson and her husband Joe have created a revolutionary widget that they believe will revolutionize the industry.
Joe Smithson is an engineer, and he and Gloria worked steadily for approximately 1 year to develop the design. They have applied for a patent, which is currently pending.Download