Business Finance and Structure Advice

Other

Write a 350 to 700 word response to the following e-mail:

Dear Consultant,

I am currently starting a comic book store business and developing my business plan. I’m in need of some advice on how to start forming my business. I am not sure exactly how it will be financed and whether or not I want to take on partners. I am interested and willing to learn the intricacies of my options to determine how to best proceed with my plan.

Please recommend one option, the advantages and disadvantages of the option, and possible tax consequences for the structure you recommend?

Respectfully,

John Owner

i litterally only need you to write about why the LLC option is the best for this owner and the advantage and disadvantages of it. you don’t need to discuss business plans or finance options. just let him know why you are reccomending the llc as the best option for a comic book store. 

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