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Consider the following:
Elaine and Roy are registered nurses. They want to start a home health agency, taking referrals from physicians and providing health care to homebound patients. They plan to be in business for 10 years.
Respond to the following:
1) Identify the best form of business entity you think they should use to establish this business.
2) State the reasons why you think the entity you selected is an effective idea for their business.
3) State the steps they must take to establish such an entity in the state where you live.
4) And finally, what steps they must take to dissolve the entity once the 10 years has passed.
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