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Business Plan Lazar Tag facility
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Business Plan Lazar Tag facility
...... In the case of the Lazar Tag facility it is recommended to register the new business as a limited liability company. A limited liability company, or an LLC, is one of the most flexible legal forms. The LLC is particularly suitable for small businesses. In this case, business owners have limited liability for the actions and debt of the business (Wikipedia, 2008). In other words, a limited liability company (LLC) is an entity formed under state law by filing articles of organization as an LLC. Unlike a partnership, none of the members of an LLC are personally liable for its debts. An LLC may be classified for Federal income tax purposes as if it were a sole proprietorship (referred to as an entity disregarded as separate from its owner), a partnership, or a corporation (IRS, 2008)
3. Marketing
Geographical area
The Lazar Tag Facility will be located in the City of Flagstaff, the county seat of Coconino County, Arizona. Flagstaff was named No. 2 on the Best Places to Live list in 2005 by Mens Journal, and it was included in the 10 Great Towns That Will Make You Feel Young list by National Geographic (Wikipedia, 2008)......
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