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Small Business Management

Alex Stevens OL 317 3/5/2022 Milestone 1 Business Proposal The business that I have chosen for my business proposal is a catering company. I have chosen this format of small business under the idea that it could be into an actual business venture upon graduating, as I am versed in culinary arts and have years of experience in the field. The business would be scaled to do small events, possibly have an operational food truck for catering events or pop-up opportunities and have staffing that matched the scale of business. I would begin the business as an LLC, as I would prefer to have the ability to control how funds were being allocated while allowing me exclusion from double taxation. An LLO would also prevent customers from filing personal lawsuits against my estate and would give me the option to take on participants as time went on. I believe choosing an LLC would best suit my concept in the early stages as it would give me the ability to treat my company as a sole proprietorship for the time, while still give me coverage as the company evolved into a brick and mortar.