Select a business entity that can be transferred by the owners and in a minimum of 525 words address the following:
- Explain why the entity was chosen by the team and how the entity choice supports the overall vision for the business.
- Outline the role (officer or director) each team member will play in the business, their responsibilities, and why they were selected for the particular role.
Draft a disciplinary policy for the company. Using at least 350 words, identify employee discrimination risks and analyze how the disciplinary policy will help to mitigate those risks.
Draft a succession plan for the business using at least 350 words. Each team member should have some ownership interest in the business. Format Part 3 of the assignment like a contract.
Cite a minimum of 3 scholarly sources.
Format Part 1 of the assignment consistent with APA guidelines. Format Part 2 of the assignment like a company policy. Format Part 3 of the assignment like a contract. Search the Internet for examples.
I only need part 3. The entity is an S corporation. I would like an intro outlining why succession plans are important prior to the 350 word minimum succession plan written as a contract. At least one scholarly resource is required.