 | The Organizational Plan
Chapter 9 - Learning Objectives
- To understand the importance of the management team in launching a new venture.
- To understand the advantages and disadvantages of the alternative legal forms for organizing a new venture.
- To explain and compare the S Corporation and limited liability company as alternative forms of incorporation.
- To learn the importance of both the formal and the informal organization.
- To illustrate how the board of directors or board of advisors can be used to support the management of a new venture.
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