Business: Klassik Styles Hair Salon
For your venture, complete the following in business format (this would be a part of your legal section of the business plan); use APA in-text citations and reference list.
- Choose a business entity for the company after considering liability, tax effects, the number of owners, and other factors. Explain your choice.
- Evaluate your liability for federal, state, and local taxes; include your plan for staying legally compliant.
- The legal section of the business plan should also include an explanation of any patents, copyrights, trademarks, trade secrets, and contracts that will be needed.
Do NOT submit an entire business plan; if you do, ONLY the legal section will be graded.