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You and Four Friends Are Investing $10,000 Each to Start

question 9

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You and four friends are investing $10,000 each to start a business. To keep things even, you will all own 20% of the business and will contribute 20% of the work required to make the business successful. If the business makes a profit, you'll each get 20%. However, you all agree that the business must provide liability protection. Which form of business best meets your needs?


Definitions:

Adaptability

A family’s ability to modify and respond to changes in the family’s power structure and roles.

Cohesion

Emotional bonding and feelings of togetherness that families experience.

Communication

Process of acting on information.

Circumplex Model

A model that organizes human emotions into a circular structure, allowing for complex combinations and understanding of emotional experiences.

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