1. Business Venture Project Proposal
EGR 403
Section 03
Group 2

2. Group Members and Roles
Francisco Hernandez-Summarizer
Henok Kebede-Techy
Jason Lee-Techy
Michael Vandersluis-Organizer

3. Sole Proprietorships v.s Corporations
Type of Project
Sole Proprietorships
v.s
Corporations

4. Scenarios Location of business: Southern California
Initial Investment:$100,000.00
Industry of Interest: Technical Patent
Legal Issues
Financial Issues
Competitors

5. Resources
The law of corporations and other business organizations / Angela Schneeman
Statistics of income. Sole proprietorship returns Publication (United States Internal Revenue Service)
Statistics of income. Partnership returns / Dept. of the Treasury, Internal Revenue Service
Internet (i.e