Choice of Business Form. Jorge, Martha and Jocelyn are college graduates, and Jorge has come up with an idea for a new product that he believes could make the three of them very rich. His idea is to manufacture soft-drink dispensers for home use and market them to consumers thoughout the Midwest. Jorge's personal experience qualifies him to be bothe first line supervior and general manager of the new firm. Martha is a born salesperson. Jocelyn has little interest in sales or management but would lke to invest a large sum of money that she has inherited from her aunt. What factors should Jorge, Martha and Jocelyn consider in deciding which form of business organization to adopt?
Tags: