Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Business Management Expert

Five friends have gotten together to form home building business. Two of friends have sizeable assets, but little construction experience. These two also have some experience in running companies. Other three friends have small amount of capital to invest. Their main contribution to group is that all three formerly worked for very successful homebuilders, and one individual headed local division of national homebuilder for past two years.

Even with their combined savings, group realizes that they will require to either obtain bank financing or outside investors. Bank financing will need that five friends put up their personal assets as collateral. Outside investors will not demand personal collateral, but will demand control. Five friends think that company will be success. Yet, even without having to give bank personal collateral, they are concerned that if business fails, they could lose everything they have accumulated.

What kind of business entity must friends form to create homes? Let whether more than one company must be formed if you think that other ancillary businesses must be set up at same time.

 

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M935221

Have any Question? 


Related Questions in Business Management

What would the effect be on the united states poverty rate

What would the effect be on the United States' poverty rate if both wages and the unemployment rate decreased?

Entrepreneurship sports industry conceptual essaya

Entrepreneurship (Sports Industry) Conceptual Essay A. Critically analyse the significance of meaning to entrepreneurship in the sports industry. Task Description Students will write an essay that explores a concept cent ...

Why is effective and frequent communication so critical to

Why is effective and frequent communication so critical to a successful change effort?

Assignment 1 discussion-competitiveness and inventory

Assignment 1: Discussion-Competitiveness and Inventory Management To be competitive, many fast-food chains expanded their menus to include a wider range of foods. Although contributing to competitiveness, this has added ...

Read battle of the bones do archaeologists have the right

Read "Battle of the Bones" Do archaeologists have the right to excavate Native American ancestors? How is that different from excavating modern day cemeteries? Is there a difference? Attachment:- Battle of the Bones.pdf

Assessmentto prepare for this assessment use capella

Assessment To prepare for this assessment, use Capella library to research each of the following designs: • Functional organization. • Matrix organization. • Networked organization. • Virtual organization. You will find ...

Find two articles in cinahl on the same issue in nursing

Find two articles in CINAHL on the same issue in nursing. One article should be younger than 5 years old and another article 10 or more years old. Compare and contrast the information in each article . Did the evidence c ...

Putting it all togethernbspplease respond to the

"Putting It All Together"  Please respond to the following: Take a position on the following statement: "Many business executives believe that team sports helps a person develop as a leader." Determine whether or not the ...

Explain the terms ethical issues business ethics and moral

Explain the terms ethical issues, business ethics, and moral philosophy. essay format but a small paragraph would do. also my professor uses turnitin so do not want any plagiarisms.

You are a newly appointed manager of an under performing

You are a newly appointed manager of an under performing team in a $50 M organization which is struggling within its industry, which is Salty Snacks. Morale is faltering and a number of employees have recently resigned. ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro