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Business Finance

Purpose of Assignment

The purpose of this assignment is to select the best organizational form, and to discuss ethical concerns with the business scenario.

Assignment Steps

Scenario: Adam and Laura wish to open a pet grooming shop called Dazzling Doggies Day Spa. Laura’s mother Beth would like to contribute the startup costs in exchange for a share of profits, but she doesn’t want to participate in the daily operations of the business. She also doesn’t want to have any personal liability in the business.

Develop a 350- to 700-word summary, written in the third person voice, with the following information:

  • Which business organizational form would be best given the above circumstances, and why?
  • Unbeknownst to Laura and Beth, Adam begins to use Dazzling Doggies Day Spa’s checking account to pay all his personal bills. Are his actions ethical? Why or why not?

Format your paper consistent with APA guidelines. You must use APA formatted headings to add organization to your paper. Use bold and centering for first-level headings, and put second-level headings in bold at the left margin. Capitalize all major words in both headings and eliminate italics. Have a Summary or Conclusion used as a first-level heading.

Format your paper so that all paragraphs have a minimum of three sentences.

Use at least a minimum of TWO different in-text citation reference sources within your paper and they must be identified in your APA correctly formatted References page. Using more than two sources will add further credibility to your paper.

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