Discuss a recommendation for an appropriate business organizational form for the business in the United States and for expanding the business in Japan. Explain the rationale for the choice of organizational form for Lana’s business.
Lana has started a computer accessory manufacturing and sales business. She never planned to have a business, but had created a certain accessory that her friends thought was interesting, and she made these accessories for them. Suddenly people were paying her, and then she started selling the accessories through a website. She has never formed any type of business entity. Lana has now decided she wants to sell these accessories in Japan, and realizes she needs to formally adopt a specific business organizational form for the business.
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