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Service Industry Targeting Teens

siness, particularly for large organizations (Siropolis, 1994).

Since the Internet Arcade will receive funding from more than one individual, and since the individuals want to receive a reasonable return on their investment (as opposed to merely receiving repayment of a loan), the sole proprietorship does not make sense for this organization. In the future, a corporation might be beneficial, particularly if the Internet Arcade expands to a franchise situation, but at this time, a limited partnership offers the most advantages. The partnership means that double taxation is avoided (a corporation pays taxes and then the owners of the corporation pay taxes on the monies they might receive). The limited partnership also provides for a contract in which the exact duties and remuneration of each partner are clearly defined.

The United States does not require that companies have import licenses when bringing goods into the United States. However, importing the video games f

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Service Industry Targeting Teens. (1969, December 31). In LotsofEssays.com. Retrieved 02:09, May 19, 2024, from https://www.lotsofessays.com/viewpaper/1695507.html