Starting a New Business Essays -- Setting Up a Business

IntroductionAs Regina Meyers contemplates opening a Satanic cafe in her hometown, she must make a number of critical argument decisions related to business organization, self-control, structure, and management. A number of her friends and family members have expressed fire in partnering with her or simply being involved. As Reginas jural adviser, I have been asked to provide advice to her on a variety of topics outline below.Business Friends, Family, and FoesAs an entrepreneur and business owner myself, I herald Regina for taking the first steps towards establishing her business - a Satanic coffee bar while also respectfully providing advice based on some of my own(prenominal) lessons learned. The first, and from my perspective the most important, decision Regina must make is related to the ownership structure of her business. While respecting that Ben, her husband, is willing to make a capital coronation in the business but does non desire to participate in the operation and management, Regina needs to ensure that, as a married couple, they two understand and accept the responsibilities and risks involved with jump a business. From the information presented in the background notes, I am concerned that Bens pledge of a pecuniary investment in the proposed company was from personally managed funds and not vocalisely-managed funds. If, indeed, the financial support pledged was from her husbands personal funds, I would respectfully advise Regina against the accepting the investment as the marriage kindred would likely suffer by adding a non-union investor-investee financial relationship. With this noted, if Bens financial contribution is actually a confirmation supporting the use of their joint financial re... ...trieved from BCP Business Center http//www.business.ftc.gov/documents/inv05-buying-franchise-consumer-guideGaston Regional Chamber. (2013, celestial latitude 2). Just starting out/business formation. Retrieved from Gaston Regional Chambe r http//gaston.toolsforbusiness.info/northcarolina/1b/formation/North Carolina section of the Secretary of State. (2013, December 2). Search for a corporation by name. Retrieved from Corporations member http//www.secretary.state.nc.us/corporations/searchresults.aspx?onlyactive=OFF&Words=STARTING&searchstr=The%20Gathering%20PlaceUnited States Patent and brandmark Office. (2013, December 2). Trademark Electronic Search System (TESS). Retrieved from United States Patent and Trademark Office http//www.uspto.gov/trademarks/index.jspWagner, E. (2013, September 12). Five reasons eight out of ten businesses fail. Forbes.com, p. 1.