Business Law: Partial Business Plan

This is a paper on business law and your job is to create a business plan for a business, details in attachment.

Your managing partner has provided you with the following memo from an interview she had with one of the firm’s clients, Roberto and Cerise Toughguy.

You are to prepare a partial business plan for Roberto Toughguy (hereinafter referred to as “Roberto”) and Cerise Toughguy (hereinafter referred to as “Cerise”, based upon the facts which are indicated herein. The plan should be in a form that you would submit to the Toughguys, assuming that you are a business or management consultant engaged in the business of business advising and consulting (i.e. CPA). Your report to the Toughguys should include everything necessary to enable the Toughguys to be able to make a rational decision as to whether they wish to adopt your proposal with a full understanding on their part of the effects and consequences of their actions. Include in your report everything necessary to enable the Toughguys to adopt the plan, including, but not necessarily limited to, the legal documents which will be required, the basic tax consequences which may result, the financing necessary or required, and the effect of alternative actions which the Toughguys may take.
You need not draft the legal documents which would be required in your plan but do indicate the documents which would be needed and set forth the general terms of the documents. In other words, you must provide sufficient information so that an attorney could draft all of the documents from your report without any further information, e.g., name the owners, partners, managers, shareholders, and required employees of the business entity; how ownership and management of the business entity can be transferred; what property will be put in the business entity; and the general terms and conditions placed upon operations of the business entity and its management. You may want to consider such business entities as a (i) sole proprietorship, (ii) a C corporation, (iii) an S corporation, (iv) a general partnership, (v) a limited partnership, (vi) a limited liability partnership, (vii) a limited liability company, or (viii) any other entity. You may want to use more than one entity in your business plan. For each entity, you recommend or use, set forth the management, the property in the entity, the general terms for its operation together with the events that will dissolve the entity and how the dissolution will be accomplished, and how ownership interest can be or will be, transferred.

Use the provided information in the document to see the specifics of the company and what the business plan you should be writing about is. There is not a specific page length that it needs to be, but needs to sufficiently cover all topics that should be discussed.

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