By Leigh Mikulka and Christine Marth
Our fourth grade entrepreneurs had a very important meeting with their attorney on Thursday afternoon. As part of the Fourth Grade Shark Tank project, students learned about different types of businesses with the help of Chris Fattey. Mr. Fattey, a finance partner at Hodgson Russ, LLP (and doting husband of Ms. Mikulka), gave a dynamic presentation explaining the pros and cons of corporations, LLCs, partnerships, and sole proprietor businesses. The students will use what they learned in this session as they complete a business plan for their company next week. Stay tuned...and don't be surprised if you receive a lot of questions about taxes and liability!
Our fourth grade entrepreneurs had a very important meeting with their attorney on Thursday afternoon. As part of the Fourth Grade Shark Tank project, students learned about different types of businesses with the help of Chris Fattey. Mr. Fattey, a finance partner at Hodgson Russ, LLP (and doting husband of Ms. Mikulka), gave a dynamic presentation explaining the pros and cons of corporations, LLCs, partnerships, and sole proprietor businesses. The students will use what they learned in this session as they complete a business plan for their company next week. Stay tuned...and don't be surprised if you receive a lot of questions about taxes and liability!
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