...NCC BANK LTD. ANNEXUR- ‘A’ Loan Documentation Checklist |Borrower : |M/S.Chandra Spinning Mills Ltd. CD A/C# 0210008345 | |Registered Address : |240 Tejgao Industrial Area, Dhaka-1208 | |Status : |Private Limited Company | |Loan A/c. No.: |SOD(G) -0140000771, LTR, PAD,LFS. | |Sl No. |Nature of Facilities |Amount |Validity | |01 |LC/PAD |750.00 lac |30.06.2012 | |02 |LTR |700.00 lac |30.06.2012 | |03 |SOD(G) |50.00 lac |30.06.2012 | |04 |LDBP/FDBP |1000.00 lac |30.06.2012 | 01. General Documents: |Sl No. |Description ...
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...easy and inexpensive to create unlimited personal liability hard to raise money relies solely on owner as no distinction is made between the owner and the business Income taxes you and your business have combined taxes. Business owner reports all gains and loses. The business income is your income. Continuity of the organization The owner has the right to pass the business to another person through inheritance. If no will is set in place the business will disperse. Control Because you are the sole owner of the business, you have complete control over all decisions. Profit retention The owner has complete access to all profits made from the business. The owner can take a vacation with money from the business and even write checks from the business for personal reasons. General Partnership Description Two people are in charge of the business, usually formed through a contract or oral agreement. The state is still not involved in the business. Each partner contributes to all aspects of the business, including money, property, labor or skill. In return, each partner shares in the profits and losses of the business. Two Advantages Two Disadvantages Partnerships are generally an inexpensive and easily formed business structure. Shared financial commitment disagreements among partners shared profit Liability The partners are responsible for all debt or finances for the business...
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...HNC Business Student Name: Claire Broughton Student Number: 30272054 Unit Title: Business Environment (Unit 1) Unit Leader: Nigel Groser Understanding the Business Environment Date of Submission: 15/11/2015 Word Count: 4342 Introduction The purpose of this report is to demonstrate an understanding of the business environment. Research into the John Lewis Partnership PLC will be utilised to show an understanding of the organisational purposes of businesses and the nature of the national environment in which businesses operate. The report will also address the behaviour of organisations in their market environment as well showing the significance of the global factors that shape national business activities. Section 1 1.1 Types of Organisation The John Lewis Partnership was founded in 1929 by John Spedan Lewis; the eldest of two sons whose father, John Lewis, had opened the first John Lewis store in 1864 in Oxford. Spedan Lewis has a unique approach to business in that the happiness of the employees was at the centre of his mind. He began to set up new practices such as a third weeks paid holiday, shorter working days, a staff committee and an in-house magazine, the Gazette, which is still published today. By 1914, these rather dramatic and forward-thinking adjustments to the staff working conditions were causing conflict between Spedan Lewis and his father, who was alarmed at such changes. This conflict resulted in Spedan Lewis withdrawing his active involvement with...
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...LIT1 Task 1 Part A (the report) SOLE PROPRIETORSHIP: A sole proprietorship is the simplest, quickest and cheapest form of business to start making it the most popular types for first time business owners. A business owner and a sole proprietor may operate under different names, but legally, they are the same entity. Which leads to one of the biggest disadvantages of becoming a sole proprietor; the owner is responsible for all debts and fault created by the business. One of the major advantages to starting a sole proprietorship is the simplicity behind the formation. There is very little paperwork that needs to be filed at the inception and it takes very little work to keep the business compliant with state and federal laws. Another advantage to a sole proprietorship is taxes. Any money made by a sole proprietor is considered income to the owner. The profit is claimed as income on the owner’s annual tax filings. * Liability: Because there is no legal separation between an owner and the business in a sole proprietorship, the business owner is unlimitedly liable for any debt or fault of the business. Even if the sole proprietorship dissolves, the owner will be liable for the debt. If the debt is not taken care of in a timely manner it will could affect the owner’s credit rating and lead to future earnings being garnished. * Income Taxes: Taxation of a sole proprietorship happens once, at the income level of the owner. Any profit made by the company is considered an...
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...Equity Research Report Sector: Master Limited Partnerships (MPLs) Stock: MarkWest Energy L.P. (NYSE: MWE) The sector that this research report will cover is Master Limited Partnerships (MLPs) and the stock within this sector is MarkWest Energy Partners, L.P. (MWE). Master Limited Partnerships is a business that has the tax structure of a partnership, but the ownership equity of the business trades on an exchange. In the MLPs sector, a unitholder is someone who owns stock in the company, making them part owner of the business. MLPs have two different kinds of partners, general partners and limited partners. General partners manage the daily operations of the business and own a small stake in the company. The group that has a larger stake in the company is the limited partners, who have no role in management, but they provide capital to the company and receive regular cash distributions in the form of dividends. The majority of MLPs are oil and gas midstream and downstream activities such as gathering, processing, transportation, storage and refining of oil or natural gas. The structure of how MLPs are set up allows them to avoid corporate income tax. Instead, MLPs flow income and losses through to the limited partners, which is the equity stake of the company. With this structure, unitholders pay taxes on their own individual tax returns, which provides MLPs the flexibility and opportunity to raise capital directly from the stock market by issuing new shares. In...
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...Working in partnership | Introduction: When people doing a job together in a same time with a same quest it is as usually known as working in partnership. Many tough job can be solved if people working with together, different types of reason are existing on a partnership contract and that might develop work or ideas. There have a lots of reason are beneath on a group of people working as a partnership. When a crew of people working with together their ideas will be developed and generated by others. Some of partners among the group will be able to sharing their valuable skill and knowledge in a successful way to assure your partnership activity. If you want to discover people who are working with you as a partner you will not have to look so wide. There are lots of people who are interested to work with you if you see they may your neighbors, classmate, local council, community etc. Just remember one thing before starting work as a partner it is very badly need to think why you want and why your partners want to work with you together. Task 1: Fathom the partnership metaphysics and relationships about health and social care services: 1(a) the philosophical approach taken by practitioners at Dilly’s Diabetic Centre The philosophical approach is a constitutional graph to archive the fact of an affair and the credibility of related people. Depending on strategy constitutional graph vary for person to person, organization to organization. This approach is system...
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...incomes and business income taxes are filed as one. * LONGEVITY/CONTINUITY- If the profits of the business are high and well ensured the length and success can be high. Although the length of the business merely depends the owner. * CONTROL-The owner is the only one the holds the power and control. All decision makes comes from only the owner of the proprietorship. * PROFIT RETENTION- All income produced by sole proprietorship has to be reported to the IRS as income whether it is used for the business or for personal use. Either way the profits can be spent any way the owner wishes. Profits don’t have to be shared. * LOCATION- In the state of Washington the costs of a sole proprietorship are low. There are no legal required documents to file to begin business. Although form-filling must be done in order to operate the sole proprietorship. This means receiving the necessary permit from the specific local government. * CONVENIENCE/BURDEN- It is very easy to set up a sole proprietorship, but may not be easy to get startup funds from bank loans. The burden is only on the owner. This may become overwhelming and challenging because funds may become limited. GENERAL PARTNERSHIP: This type of...
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...Working in partnership | Introduction: When people doing a job together in a same time with a same quest it is as usually known as working in partnership. Many tough job can be solved if people working with together, different types of reason are existing on a partnership contract and that might develop work or ideas. There have a lots of reason are beneath on a group of people working as a partnership. When a crew of people working with together their ideas will be developed and generated by others. Some of partners among the group will be able to sharing their valuable skill and knowledge in a successful way to assure your partnership activity. If you want to discover people who are working with you as a partner you will not have to look so wide. There are lots of people who are interested to work with you if you see they may your neighbors, classmate, local council, community etc. Just remember one thing before starting work as a partner it is very badly need to think why you want and why your partners want to work with you together. Task 1: Fathom the partnership metaphysics and relationships about health and social care services: 1(a) the philosophical approach taken by practitioners at Dilly’s Diabetic Centre The philosophical approach is a constitutional graph to archive the fact of an affair and the credibility of related people. Depending on strategy constitutional graph vary for person to person, organization to organization. This approach is system...
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...Sole Proprietorship A sole proprietorship is a business that is owned by one person. This person may operate the business or he/she may contract the work out to another individual. The owner makes all the decisions concerning the business regardless of who actually performs the work. The limitless and peerless accountability is one of the key characteristics of the sole proprietor. Advantages of a sole proprietorship Some of the advantages of a sole proprietorship are the simplicity and autonomy of starting and maintaining a business. Once all of the proper state and local licenses and permits have been applied for the business is now operational as the sole owner sees fit. This also leads to a flexibility that allows the owner to make decisions as he/she chooses. Another advantage is sole gain. Since there is only one owner, then there is only one person to gain from the profits. Disadvantages of a sole proprietorship Oddly enough, the disadvantages of a sole proprietorship stem from the very reason that makes it so attractive – the complete identity of the business with its owner. If the owner does not already have the personal wealth needed to start up a business, he/she may find they have limited resources. If the sole proprietor seeks funds from outside investors, then the business ceases to be a sole proprietorship. This is the reason sole proprietorships tend to be restricted to small business ventures. Another disadvantage is the business is limited...
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...Web of Details Did Enron In as Warnings Went Unheeded Sun Feb 10, 3:15 PM ET By KURT EICHENWALD with DIANA B. HENRIQUES The New York Times Jeff Gerth, Richard A. Oppel Jr., Richard W. Stevenson, and Don Van Natta Jr. also contributed to this article. HOUSTON, Feb. 9 Kenneth L. Lay strode onto a ballroom stage at the Hyatt Regency Hill Country Resort in San Antonio, walking between two giant screens that displayed his projected image. Before him, bright light from the ballroom's chandeliers spilled across scores of round tables where executives from the Enron Corporation waited to hear the words of Mr. Lay, their longtime chairman and chief executive. This meeting of hundreds of Enron executives in the first week of January 2001 was a time of revelry, a chance to celebrate a year when business seemed good even better than good. At night, according to executives who attended, Champagne and liquor flowed from the open bar, while fistfuls of free cigars were available for the taking. Executives could belly up to temporary gambling tables for high-stakes games of poker. Others found their excitement in the company- sponsored car race; one executive had even hired a truck to transport his three Ferraris from Houston for the event. Now, as waiters wearing bolo ties scurried about, the executives listened eagerly to Mr. Lay's descriptions of Enron's recent year of success, and the new successes that were within reach. Already, Enron was near the top of the Fortune 500, a...
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...problems with supply chain management in India. The analysis below identifies the challenges of many factors dealing with the Wal-Mart, Bharti and the Indian retail sector. These factors for Wal-Mart would deal with the ability to operate in India efficiently as they do in the US. In addition, Wal-Mart to be successful will have to sort out problems with the government, culture differences and the partnership with Bharti. These factors for Wal-Mart and Bharti will be presented in more specific detail through a SWOT analysis. The analysis will evaluate Wal-Mart as a company in relation to the future operation in the Indian market. Then the Bharti Company will be analyzed using a SWOT to pin point how the company will fit into the overall plan of Wal-Mart operating in India. The report will further evaluate the Indian retail sector through a competitive industry analysis using the Porter’s 5 forces model. This model will detail the threats to the market entry, supplier power, buyer power, availability of substitutes and competitive rivalry as they relate to the India retail sector. The report will then offer alternatives for the Wal-Mart company. These alternatives would include not progressing forward within India, chose a global market with less regulation, focus business to become s specialized retailer and collaborating with a different company other than Bharti to expand in the Indian retail sector. The analysis will close with recommendations to focus changes on the culture, consumer...
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...Small Business Idea Paper Introduction: Recently, the government released funds for persons willing for establishing a small business. This releasing funds’ concept will form many jobs, and the economy will be stimulated by it. For the owner of a small business, the first step is to determining which business form is best suited to his or her ideas. Furthermore, it is essential for the owner of business to evaluate implications of legalities and tax related to his or her business forms. The purpose of this paper is to define the advantages and disadvantages of the four different forms of business organization, including sole proprietorship, partnership, C corporation, and S corporation. The paper will define the different types of financial statements associated with each form of business organization. The paper will also define the consequences of Tax implications, Legal implications, and Accounting implications associated with each form of business organization. Furthermore, a business will be selected in the paper of which an explanation of the unique product or service will be provided. Sole Proprietorship: It is the easiest and general sort of business to establish. A number of assistances of this business include the decisions of firing and hiring workers, assessments of selecting the vendors, what equipment, and materials to buy and what directions he or she is willing the business to take. A drawback of this...
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... 2 John Lewis 3 Green Peace 4 Sources 5 Introduction Every day in our life we are confronted with a lot of different businesses and their activities, servers and products. Every business has their own type of doing working, producing and controlling. For this report the author will describe the type of business, purpose and ownership of two contrasting businesses. The first part of this report will focus on the ‘John Lewis Partnership’ and the second part of this report will focus on the ‘Green Peace’ organisation. John Lewis John Lewis is a business that sells a lot of different products for baby and child, fashion, home & garden, home appliances, sport and leisure and technology. So the type of business activity of John Lewis is a Tertiary sector because it sells many different finished products to customers. John Lewis is owned by private citizen, they risk their own money and the business is for making profit so John Lewis is a private business. The business is putting the happiness of Partners at the Centre of everything it does. It is the expression of an ideal, the outcome of nearly a century...
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...Intro to Finance and Corporate Structure FNCE 604 Week 1 Professor Michael Kinnen Introductions Name Background Expectations for this course Post-degree goals 2 Who are you and where are you going? Goals for this class To give you the capacity to understand the theory and apply, in real world situations, the techniques that have been developed in corporate finance. Motto for class: If it cannot be applied, who cares? 3 To give you the big picture of corporate finance so that you can understand how things fit together. Motto for class: You can forget the details, but don’t miss the storyline. To show you that corporate finance is a blast! Motto for class: Are we having fun yet? The Balance Sheet Model of the firm Managerial finance focuses on three decisions: In what long-term assets should the firm invest? This question concerns the lefthand side of the BS 4 How can the firm raise cash for its required expenditures? This question concerns the righthand side of the BS How should shortterm operating cash flows be managed? This question concerns the upper portion of the BS The capital budgeting decision The capital structure decision Net working capital decisions Cash flows are king! The most important job of a financial manager is to: Create value from capital budgeting, financing, and net working capital activities. 5 How do managers do this? Buy assets that generate more cash than they cost Sell bonds, stocks, and other...
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...EARLY WARNING REPORT FILED UNDER NATIONAL INSTRUMENT 62-103 1. Name and address of the offeror ESL Partners, L.P., a Delaware limited partnership (“Partners”) ESL Investors, L.L.C., a Delaware limited liability company (“Investors”), SPE I Partners, LP, a Delaware limited partnership (“SPE I”), SPE Master I, LP, a Delaware limited partnership (“SPE Master I”), RBS Partners, L.P., a Delaware limited partnership (“RBS”), ESL Institutional Partners, L.P., a Delaware limited partnership (“Institutional”), RBS Investment Management, L.L.C., a Delaware limited liability company (“RBSIM”), CRK Partners, L.L.C., a Delaware limited liability company (“CRK”), ESL Investments, Inc., a Delaware corporation (“ESL”), and Edward S. Lampert, a United States citizen. Partners, Investors, SPE I, SPE Master I, RBS, Institutional, RBSIM, CRK, ESL and Mr. Lampert are collectively defined as the “Offerors”. The principal address of each of the Offerors is 1170 Kane Concourse, Suite 200, Bay Harbor, Florida 33154 2. The designation and number or principal amount of securities and the offeror’s security holding percentage in the class of securities of which the offeror acquired ownership or control in the transaction or occurrence giving rise to the obligation to file the news release, and whether it was ownership or control that was acquired in those circumstances. On November 13, 2012, Sears Holdings Corporation (“Sears Holdings”) is effecting a partial spin-off of shares of Sears Canada...
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