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Essay / Research Paper Abstract
A 3 page paper discussing a new business (Energy LLC), focusing on its selected form of organization. Energy LLC will operate as a limited liability company (LLC). There are advantages and disadvantages to every available form of business ownership. The form that the business owner chooses should be that which returns the greatest range of benefits relative to the nature of the business. That form for this business appears to be the LLC. Bibliography lists 2 sources.
Page Count:
3 pages (~225 words per page)
File: CC6_KSbusFormLLC.rtf
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Unformatted sample text from the term paper:
a consultancy and clearinghouse in matters associated with residential energy. This can range from common-sense conservation measures to selling solar-generated surplus electricity to the power company, with many other
types of services between the two extremes. The cost of heating oil, natural gas and electricity are high and climbing; it is to homeowners advantage to gain the greatest
benefit of the financial resources they devote to operating, heating and cooling their homes. The Company The company may add work crews in
the future, but in the beginning it will assess customers needs; design a package of solutions; and arrange for work to be done by local contractors according to contractors areas
of specialty. The company will perform an energy audit and make recommendations in keeping with customers goals. Though it may recommend only heat pump servicing for one, it
may then recommend installation of rooftop solar panels that can create electricity to operate specific home systems. On occasion, the customer may be able to sell surplus electricity back
to the local electric utility. Business Organization The company will organize and operate as a limited liability company (LLC). A general partnership
equates to a sole proprietorship in terms of the liability responsibility of the partners, whereas an LLC provides all the benefits of the general partnership with the added benefit that
the partners are protected from liability on a personal level. Any liability claim against the partnership will be able to seek the assets only of the partnership, rather than
of the individuals comprising it. An LLC also can be formed as a single-member entity. The LLC at its simplest is a
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