BUS 415 Week 4 DQ 1

Discussion Question 1

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.  Identify the reasons why incorporation is an effective idea for their business, the steps they must take to incorporate their business, and the steps they must take to dissolve the corporation once the 10 years has passed. (Please apply your discussion specifically to the business above and give illustrations involving that business.)