WHICH NATION IS THE HOME COUNTRY? USA
HOST COUNTRY? KUWAIT
FRANCHISEE. FIVE GUYS (CORP STRUCTURE OF FIVE GUYS)
LAWS IN US. THAT APPLY IN US.
Five Guys Holdings, LLC is a privately-held company which does business as Five Guys Burgers and Fries chain of fast-casual restaurants. Founded in 1986 by Janie and Jerry Murrell and their five sons, Five Guys Holdings is headquartered in Lorton, Virginia. The Five Guys Burgers and Fries chain offers burgers, fries, and hot dogs as well as peanuts. Five Guys and its franchisees operate restaurants in over 40 US states as well as Canadian provinces including Alberta, British Columbia, Manitoba, Ontario and Quebec. Five Guys Holdings, LLC started expanding rapidly through franchising in 2002. Five Guys Holdings is owned by the Murrell family. Five Guys Enterprises is a limited liability company (LLC). This is the newest type of business in growing economy and till this day it is still evolving. When you form your business into an LLC, it is similar to forming a corporation. The same as corporations, LLC’s have to file a document, which depending on where you live can be referred to by different names such as certificate of organization or articles of organization. When you do this you have to pay filing fees in the state of which the business is organized. In Five Guys Enterprises case, they were started in the state of Virginia. An LLC is not considered to be a corporation or a partnership. They refer to their owners as members, instead of stockholders or partners. When paying for taxes on you LLC, most members elect the partnership option which to the members means that there is no separate tax on the earnings of the company, instead earnings are only taxed as income of the owners. This helps prevent the issue of double taxation. When you are an owner of an LLC, you are allowed to have or appoint as many owners of your company as you chose., but be aware that some sates do make it difficult to...