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1. PetNav is an LLC (Jayden McDermand)

2. If a lawsuit occurred, all of the personal assets of the owners, Jayden Mcdermand, Thomas Boulden, and Nick Taylor will be protected. (Jayden McDermand)

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The Little Cup Cafe and Restaurant Typography Logo

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(Thomas Johnson)

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1. TipLock Gear is an LLC (George Hickey)

2. The owners personal assets are protected if the company is sued.

3. The company owner can be a corporation or a partnership. TipLock Gear will be taxed so they avoid double taxation.

4. Members agree on the day to day management of the company. An owner can be a manager or the company can hire a manager. The owner of TipLock Gear will share management responsibility but each will oversee different areas such as design, marketing, and sales.

5. TipLock Gear is located in Illinois, and if the owner dies, their share will be handled according to the operating agreement that was placed.

6. TipLock Gear will raise capitol through a business loan. The owner could bring in another investor, but prefer to keep ownership limited.

7. The owner registered the business through the Illinois Secretary of State. The process was affordable, and chose to handle the paperwork themselves.