Assignment 1: Business Formation

Three (3) personal trainers at an upscale health spa / resort in Sedona, Arizona, want to start a health club that specializes in health plans for people in the 50+ age range. The trainers Donna Rinaldi, Rich Evans, and Tammy Booth are convinced that they can operate their own club profitably. They believe that the growing population in this age range, combined with strong consumer interest in the health benefits of physical activity, would support the new venture. In addition to many other decisions, they need to determine the type of business organization that they want to form. Should they incorporate as a corporation or form a partnership? Rich believes there are more advantages to the corporate form than a partnership, but he has not convinced Donna and Tammy of this. The three (3) trainers have come to you, a small business consulting specialist, seeking information and advice regarding the appropriate choice of formation for their business. They are considering both the partnership and corporation formation options.

Assume the trainers determine that forming a corporation is the best option. Next, Donna, Rich, and Tammy need to decide on strategies geared toward obtaining financing for renovation and equipment. They have a grasp of the difference between equity securities and debt securities, but do not understand the tax, net income, and earnings per share consequences of equity versus debt financing on the future of their business. They have asked you, the CPA, for your opinion.

Write a two to three (2-3) page paper in which you:Provide a summary to the partners, outlining the advantages and disadvantages of forming the business as a partnership and the advantages and disadvantages of forming as a corporation. Recommend which option they should pursue. Justify your response. Explain the major differences between equity and debt financing and discuss the primary ways in which each would affect the future of the partners business.Use at least two (2) quality academic resources in this assignment. Note: Wikipedia and similar websites do not qualify as academic resources.  You have access to Strayer Universitys Online Library at  and the iCampus University Library Research page at .  

Your assignment must follow these formatting requirements:This course requires use of Strayer Writing Standards (SWS). The format may be different than other Strayer University courses. Please take a moment to review the SWS documentation for details (more information and an example is included in the Strayer Writing Standards menu link). Include a cover page containing the title of the assignment, the students name, the professors name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:Prepare transactions related to partnerships, corporations stockholder equity, and statement of cash flows and issue the related financial statements.
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Recommend A Plan That Centers On Total Quality Management

 Imagine your company is being considered for subcontracting the management of a project because of your firms excellent human resource and quality management skills. However, you find that you must first convince the contracting company that your company is worthy of the position. Recommend a plan that centers on total quality management (TQM) that highlights your firms experience with TQM and human resources.  

Thomas Jeremiah: The Hanging of a free Black Man

This is a two part essay. In Part I, describe the circumstances leading to Thomas Jeremiah’s arrest, addressing the following questions. Why were slave-owners like Henry Laurens determined to preserve the institution of slavery? Why did slave-owners feel that the colonies’ revolution from Britain represented a threat to the institution of slavery? Why, specifically, did Jeremiah pose a threat? Support your assertions with specific examples from the book. In Part II, discuss the evidence for and against Jeremiah’s guilt. In your opinion, was he guilty? Why/why not?

Sample Solution

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The Diversity Movement

The Diversity Movement

The diversity movement suggests that there is strength in our differences and that our differences enhance each other. At the same time, the movement insists that our differences should not have economic, social, or political consequences. We are entitled to the same access to resources and opportunities regardless of our differences. The human suffering from Hurricane Katrina and the images of victims has stimulated the debate about differential access to resources.

Read the report Women in the Wake of the Storm: Examining the Post-Katrina Realities of the Women of New Orleans and the Gulf Coast. On the basis of your reading, create a report, answering the following:

  • Discuss the prominent dimensions of diversity revealed as a result of the Hurricane Katrina disaster.
  • Discuss factors that specifically influenced women’s vulnerability to Hurricane Katrina. While answering, consider the primary dimensions mentioned in the lectures as well as the secondary dimensions such as parental and marital status, income, educational level, military experience, geographic location, work background, and religious beliefs.
  • Describe the implications for healthcare organizations as a result of the disaster.
  • Discuss at least of two of the policy implications that are outlined in the report. If you were given the task to add another policy recommendation what would it be and why?

Make your report in a 4- to 5-page Microsoft Word document.

Submission Details:

  • Support your responses with examples.
  • Cite any sources in APA format with in text citations.