2. Business plan would tell Victor exactly what kind of expenditures he will have, how much money he will invest in starting business and how much he will need to cover his monthly expanses. Also business plan would show Victor how many employees he needs to be able to service as many customers as needed to cover expanses plus make some profit. Business plan gives us an overview of the entire project, how much capital is needed, what kind of profit will take place, where to find financing and what kind of financing it will be (equity or debt), how many employees will be needed and whether the project is profitable enough to cover the expanses.

3. Victor has three options to choose from he can become a Proprietorship, Partnership or Corporation. Each of them has its advantages and disadvantages. Starting with Proprietorship. It’s really easy to form or to dissolve, none tells you what to do and none knows what are you doing and how much money you make plus you don’t share with anybody (except taxes) if you work harder, you usually

6. Diamond Fields as a private mining corporation is trying to take over all the mining market, to get he absolute control over this industry and become a very big company by settling the contract disputes allying with other corporations. Also it’s easy to tell that Diamond Fields is private as it doesn’t have many shareholders and there are restrictions on the transfer of the shares, shares are not accessible to general public.

4. I would say that Victor should go with Corporation as it will be much easier for him to get funding as long as he wants to have a decent business, not a small garage and one mechanic. Also he will have a limited financial liability, which means that if something happens, and the Corporation is about to get bankrupt, Victor just walks away without loosing his private property. It will be easier for Corporation to find a good management team meaning it will be easier to expand within some time. People also trust more if you are a Corporation but not a small private owned business. Plus you can write off a lot of equipment and rent as a taxes for a government, so your expenditures will go down.

“The company responded on Nov. 18 by filing a petition in Yukon Supreme Court asking it to rule that any proxies solicited by Mr. Boulle and his dissident group for use a

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