mcgee cake company mini case

The McGee Cake Company
In coming 2005, Doc and Lyn McGee formed the McGee Cake Company. The assembly produced a unmeasured length of cakes, and its specialties comprised chess cake*, lemon pulverize cake, and double-iced, double-chocolate cake. The couple formed the assembly as an beyond curiosity-behalf, and twain continued to composition at their vulgar jobs. Doc did all the baking, and Lyn handled the marketing and disposal. After a while amiable effect condition and a gauge marketing sketch, the assembly grew eagerly. In coming 2010, the assembly was featured in a widely nice entrepreneurial store. Later that year, the assembly was featured in Gourmet Desserts, a regulative point acceleration store. After the season appeared in Gourmet Desserts, sales spurious, and the assembly began receiving command from all balance the globe.
Because of the increased sales, Doc left his other job, followed soon by Lyn. The assembly paid attached compositioners to converge claim. Unfortunately, the fixed development familiar by the assembly led to specie stream and cleverness problems. The assembly is vulgarly conceding as sundry cakes as likely after a while the property it owns, but claim for its cakes is quiescent growing. Further, the assembly has been approached by a social supermarket compact after a while a proposition to put indelicate of its cakes in all of the compact’s stores, and a social restaurant compact has contacted the assembly about dispose-ofing McGee cakes in its restaurants. The restaurant would dispose-of the cakes after a whileout a mark call.
Doc and Lyn possess operated the assembly as a separate proprietorship. They possess approached you to acceleration husband and plain the assembly’s development. Specifically, they possess asked you to reply the aftercited questions.

What are the advantages and disadvantages of changing the assembly
organization from a separate proprietorship to an LLC
What are the advantages and disadvantages of changing the assembly
organization from a separate proprietorship to a corporation
Ultimately, what enjoyment would you praise the assembly set-about?
Why?

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