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Teen Night Club (Organizational Form)

 
Business Plans: Teen Night Club (Organizational Form)
(continued)

Business Description

Introduction

Organizational Form

Ventures will be a family-owned business organized as a limited liability company. The principal owners will be David and Mary Jensen. Mary Jensen will be the decisionmaking partner while David Jensen will be a silent partner. The ownership split will be 60 percent for Mary Jensen and 40 percent for David Jensen. This organization will provide the owners the liability protections of a corporation and the flexibility and tax advantages of a partnership entity.

Marketing

Management

Accounting

Risks

Financials

Addenda



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