Wgu Lit1 Task 310.1.2

588 Words3 Pages
MEMORANDUM
TO: Owner
From:
RE: Business Options
Date: September 27, 2015
_______________________________________________

Changing the way you structure your business can be a frightening endeavor. You have been operating as a Sole Proprietorship for quite some time now, but it appears you have outgrown that business type. You have expressed a need to scale the business as well as a concern for your own personal liability. With those concerns in mind as well as the current state of your business, I recommend restructuring the business into a Limited Liability Company. I will try and address each of your concerns individually and explain how I came to this conclusion.
As your business grows you will be opened up to substantial

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