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Topic 1: Corporate Operating Agreements
Ron Cardigan, son of Camille and Ray (Camille's first husband) has met with Camille and Candie to form a limited liability company designed to be a place where young future clothing designers can work as part of an internship before entering fashion design school. Ron contributes 40% of the capital, and Camille and Candie each contribute 30%. Because it was Ron's idea, he assumes he will receive more of the profits than Camille and Candie. Further, his contribution was greater than each of theirs. Camille and Candie feel they should all split the profits equally, as everyone has a unique talent that is being brought forth to run the new business. A dispute over the profits arises, and ultimately a court has to decide the issue.
Determine the following:
Justify your answer using information from your Reading and be sure to:
Using your final project idea as your guideline: Walt Disney Companym, Create a Vision and Mission statement.Create a SWOT analysis for the company you chose. Complete a Strategy Map for your particular project
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Explain What type of advice would you give him about what type of investment to make and as to whether or not to use a retirement plan?
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