tructure was a partnership. The benefits, profits, risks, losses will be shared equally by both owners. The only drawback considered was the possibility of arising feuds do to liabilities and non-partisan decisions, however both men are sensible businessmen who have grown up and worked well together for years. Another attraction to a partnership structure was the single taxation, which is not always the case with a corporation. Since both men possess a high level of business and retail savvy they will also manage their store. The men want to be as involved as possible in the operations of their store, and hiring a professional management team would substantially raise costs.Goods & Services:The Man Store is a classified as an apparel group, which is a type of non-durable goods store. The men who had a dream of owning their own business realized quickly that a men’s clothing store would best suit their desires and abilities. Fred Rubble and Barnie Jetson are from Dallas, TX but have been planning to move to West Texas to open up their idealistic men’s store. As boys, Fred and Barnie grew up together in a well to do neighbor hood in North Dallas. Both men received batchelors and masters degrees in business at SMU. Now in their forties, the men have set aside a good deal of money from their respective careers. Playing the stock market has been a big financial advantage as well. Both men are well traveled, down to earth individuals who have a love for fashion. They have done extensive marketing research and studies that have all supported their ideas and dream store in the San Angelo area. Fred and Barnie love the people and landscape of West Texas, which will be extremely beneficial in forming relationships with their customers and the community. Both Fred and Barnie have great taste in clothes and know what men are looking for in today’s job world. The Man Store will consist of a wide variety clothes specializ...
