Question

Which of these ideas did you include in your response? select all that apply. valentino and eva should consider starting a partnership. valentino and eva should consider purchasing a franchise. both owners should consider their needs when choosing a type of business organization.

Answer 1

A partnership is the kind of company entity they should think about.

A formal agreement between two or more people to run a firm and split the profits is known as a partnership.

Because Valentino and Eva are siblings who have inherited a sizable sum of money, it should be emphasized that the partnership business will be acceptable because they may manage the company together and split the profits as necessary.

A ideal corporate structure for Valentino and Eva's new restaurant would be a general partnership. This is a fantastic alternative for the two siblings because: Valentino and Eva would split the company's profits, losses, and management equally, fostering a positive business climate.

Valentino and Eva probably received an equal amount of money from their inheritance. It is the most obvious choice given equal investments.

Due to the importance of personal matters, this form of agreement is not advised for married couples, but it would not be problematic for siblings.

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