Joint Venture Case Study

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Joint Venture Joint Venture is “a partnership, individual, or corporation that pools labor and capital for a limited period of time” (Kubasek, Brennan, Browne, 2015, p. 431). This method can increase liability and limit outside opportunities where the business can not expand their product line and have to utilize the products provided by the company they have a joint in a agreement. The mission of the coffeehouse is to be unique and special. This type of model would not allow originality and for that reason, its not recommend that Shania get involved with a joint venture. Limited Liability Companies Limited Liability Companies (LLC) is “a form of business organization with the liability-shield advantages of a corporation and the flexibility…show more content…
There are several organizations with the same name including a Church and a Christian Center. The word “gathering” is very powerful since implement a sense of community and acceptance. As the name is already related to the Christian community it could be beneficial for Shania business, but it could also hurt her chances to be unique and attractive to the fellow Christians. In this case it is not recommend that Shania named her business “The Gathering Place” since it could lead the customers to be confused by the other organizations. However, the name is available for a trademark since in the record of the Secretary of State in Colorado, every organization that utilized the name as a trademark had expired more than ten years…show more content…
(2015). Retrieved June 23, 2015, from http://www.entrepreneur.com/encyclopedia/corporation Fera, T. (2000, December 5). Sole proprietorship may save business time and money. Daily Press, p. 13. Retrieved June 23, 2015. Gillmore, F. (2003, February 11). Sole proprietorship and partnership in business. New Straits Times, p. 12. Retrieved June 23, 2015. Kubasek, N., Brennan, B., & Browne, M. (2015). The legal environment of business: A critical-thinking approach (7th ed., p. 422-455). Upper Saddle River, N.J.: Pearson. Limited Liability Company. (2015). Retrieved June 23, 2015, from http://www.entrepreneur.com/encyclopedia/limited-liability-company Lorette, K. (2015). Advantages and Disadvantages of the Corporate Form of Business. Retrieved June 23, 2015, from http://smallbusiness.chron.com/advantages-disadvantages-corporate-form-business-4389.html Williams, W. (n.d.). Colorado Secretary of State. Retrieved June 23, 2015, from http://www.sos.state.co.us/biz/BusinessEntityResults.do?&cmd=passgo&pi1=1 Zizzo, K. (2000, October 12). Pros and cons of sole proprietorship. The Hamilton Spectator. Retrieved June 23,

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