There will be 4 Discussion Board Forums, and each forum will include a thread and at least 2 replies. The purpose of Discussion Board Forums is to generate interaction among students in regards to relevant current course topics. A thread of 800–1500 words in response must be submitted through the Discussion Board Forum as well as through a SafeAssign link to check for plagiarism. You will then submit at least 2 replies that are 300–600 words in response to other classmates’ threads. In each reply, indicate whether you agree with the other classmates’ opinions, why their assessment of the situation is or is not accurate, why the original posting is or is not in agreement with your assessment of the situation, and what should be done differently. For each thread and each reply, you must support your assertions with at least 3 outside sources (other than the text and course materials) and cited in current APA format. Acceptable sources include: books, legal cases, articles, the Bible, etc. Sources should be more substantial than basic internet dictionaries.
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Discussion Board Forum 4 Case Study
Topic: Business Organization
Betty Wilson, a mature Christian, is thinking of opening a Christian coffeehouse in Belmont, NC. Her husband John is open to making a contribution of capital to the business, but he has no interest in participating in its operation or management.
Betty’s sister, Alice, a new Christian, has told Betty that she’s been looking for an excuse to get out of the house and that she would love to be a part of the business. Alice’s husband, a non-Christian, opposes his wife’s involvement and has told her that he expects her to remain a stay-at-home mom to their 2 daughters, Ally and Lisa, ages 13 and 15.
Betty’s neighbor, Erma, a non-Christian, has also expressed an interest in participating in the business as a way to earn some extra income. Erma thinks the “Christian thing” has potential with all the big churches in the area, including a Mormon temple and a large Kingdom Hall of Jehovah’s Witnesses.
In researching the coffee business, Betty came across a few franchise opportunities, some of which would require her to adopt the franchise name and trade dress but others that would only require her to move into a turn-key facility and agree to purchase a certain volume of product every month for a period of no less than 10 years. Both types of franchises offered to provide training for her and any staff she might hire.
Betty has considered operating the business as a franchise, a sole proprietorship, a partnership of some sort, a corporation of some sort, as an LLC, or even as a joint venture. She is thinking of calling the business “The Gathering Place.”
Your assignment:
From both a legal and spiritual perspective:
- Address the pluses and minuses of each of the various business forms that Betty might adopt and recommend one, giving clear reasons for your recommendation.
- Address whom Betty should agree to take into the business with her and why? If she elects not to take in any interested party, what should she tell them is the reason or reasons, if anything?
- Do a corporate name search at: http://www.secretary.state.nc.us/corporations/CSearch.aspxto determine if the name she is considering is available for use in the State of North Carolina.
- Assess whether the name that she is considering is a good name choice for trademarking purposes and any other legitimate business reasons.
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