Summarize the following issues regarding your
business:
- Â Explain the legal structure, and give the
reason/s that you...
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Summarize the following issues regarding yourbusiness:
- Â Explain the legal structure, and give thereason/s that you chose the one that you did. Â What are theadvantages and disadvantages of this legal form?
- Â Do you have any intellectual property withyour business? Â If yes, how will you protect it?
- Â What contracts do you expect your business tohave?
-Â Is your business required to have any licensesor permits? Â If yes, please explain.
- Â What taxes must your business pay?
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Business Rockys Restaurant Bar Legal Structure Sole proprietorship Reasons for choosing the legal structure Simple and convenient Easy taxation Easy to form and wind up Complete control on
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