LAW 421 Week 5 Business Creation and Succession Planning

Learning Teams should complete all three parts of this assignment.

Part 1: 

Select a business entity that can be transferred by the owners and in a minimum of 525 words address the following:

• Explain why the entity was chosen by the team and how the entity choice supports the overall vision for the business.
• Outline the role (officer or director) each team member will play in the business, their responsibilities, and why they were selected for the particular role.

Part 2:

Draft a disciplinary policy for the company. Using at least 350 words, identify employee discrimination risks and analyze how the disciplinary policy will help to mitigate those risks.

Part 3:

Draft a succession plan for the business using at least 350 words. Each team member should have some ownership interest in the business.

Cite a minimum of 3 scholarly sources.

Format Part 1 of the assignment consistent with APA guidelines. Format Part 2 of the assignment like a company policy. Format Part 3 of the assignment like a contract.  Search the Internet for examples.

Click the Assignment Files tab to submit your assignment as a Microsoft® Word document.