To Develop An Understanding Of Forms Of Small Businesses And Be Able To Conduct Legal Research Business And Finance Homework Help

Purpose: To develop an understanding of forms of small businesses and be able to conduct legal research to support business formation decisions.


Part A : You are serving as an advisor to a client who would like to change his/her sole proprietorship small business to a Limited Liability Company (LLC). He/she is unsure about the benefits of an LLC. You need to find a way to explain to your friend the benefit of this type of business formation.

You decide to write a short professional memo to explain the benefit of a LLC and show one example of legal case where it could have benefitted the business owner to be an LLC. conducting legal research prepare a well-written one-two page (single-spaced) memo. In drafting your memo, you will need to create a fictitious company you are writing the memo to assist in this business formation change.

Your memo does not require you to fully outline the legal cases you choose, but it should show some fact and finding of each case where relevant.

Be sure to include the following sections in your memo.

  • Explanation of an LLC and the benefits
  • Facts and findings of a legal case regarding an LLC issue
  • Conclusion showing a strong recommendation for the formation of an LLC

Part B: Prepare a short (5 slides) power point presentation explaining the important facts and findings of legal case you select.


  • Use grammatically correct business writing that is “audience centered, purposeful, persuasive, and economical” (M.E. Guffy & D. Loewy, 2010, p. 50).
  • You cannot use any of the legal cases provided as examples in your textbook.
  • Be sure to cite your sources (if relevant) using APA. Please use the American Psychological Association (APA) format for in-text citations (may not be relevant in this assignment). Instruction for using APA can be found online at… (Links to an external site.)Links to an external site..
  • Use Chapter 16 of the textbook for more information and background (i.e. topics and vocabulary), Library Resources_ How to Guide (Module-Resources).
  • Do not plagiarize.


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