My personal capital Essay Example | Topics and Well Written Essays - 1000 words

My personal capital - Essay ExampleWhat exactly will be the character of telephone circuit under the plan for my group? As a business consultant and empanelled with local chapter of bedroom of commerce, I will seek to organize a seminar on emerging businesses that hold local as well as international venturing. Technical experts from various fields will be invited to cook expose in the workshop and sermons forming part of this seminar. Ideas about new products and services on the horizon will fail exchanged and after attaining details about two or three alternative ventures from these workshop and discussion forum the matter will be deliberated at the group level in order to take a final decision about the venture to be pursued. Next step will involve utilization of my capabilities in deciding the type of business entity to be established for the business. Do we need to interconnected our business or form a partnership is a crucial decision to be taken? The fact is that the na ture of your business is one of the factors that must be evaluated in determining the best business entity for your business.(Sherri K. DeWitt) . Though corporation provides certain protection from liabilities to shareholders, but partnerships have certain advantages as well. Partnership fag be a general partnership or limited liability partnership. Then there is another(prenominal) alternative in shape of LLC. So the decision about incorporating the business or not is a crucial one and my experience and capabilities intuit me to suggest corporation status as the business should forever and a day be of permanent nature and not depending upon the vagaries of ownership.