the owner’s responsibility. How is this type of business formation typically financed? Do those involved in the financing take any legal risk (not financial risk) when providing that financing? The funds for sole proprietorships can be quite limited. Luckily, it is the typically the cheapest business formation to start. Funds come from personal savings of the proprietor or close family and friends. The financing also can come from any banks or people willing to loan money. The people financing
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Action: 1. Fire Kate and hire one of the remaining instructors as a manager Advantages: • Possible thief will be reduced • Kate can no longer steal from the business Disadvantages: • Chance of Kate of proving that she can change and be a faithful employee would be lost • The new assigned instructor as manager might do the same 2. Fire Kate and hire a new person as a manager other than the instructors. Advantages: • The work may be organized since they focus primarily on their respective
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Flowers Different sources of finance is; Banks: Banks can offer you loans, but you will have interest when you pay it back, and you will need to show proof that it is you and credit records so they know that you will pay them back on time. Advantages of a Bank Loan: * Convenient and accessible- Banks are always accessible since they are used regularly for depositing savings or withdrawing them. After being bank customers for years, the bank becomes convenient and familiar, and personalized
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Executive summary This term paper is prepared on the telecommunication sector of Bangladesh. Telecom sector of Bangladesh is a very fast growing and dynamic sector. This sector marked its inception in 1989. In this report we have analyzed the history, the value chain activities, the competitive forces, mobile network portability, and national telecom policy etc. We have conducted the risk analysis of the industry in terms of different analysis tools that is SWOT, PESTEL etc. We have covered in and
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quote above is an excerpt from a phone conversation between Bill Ewing, the Vice President of Northwestern Paper Company 1, and Arthur Kim, the Director of Northwestern’s South Korean subsidiary. This conversation rises questions on the advantages and disadvantages of utilizing internal transfer prices. Such as: given that some subsidiaries are located in lower tax jurisdictions, would it not be logical to set lower internal transfer prices to those subsidiaries? Would it not be logical to allow the
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forms of business organization an entrepreneur may consider when forming a business. (Sitarz, 21) Advantages and Disadvantages of the four business forms of organization The most common and simplest form of business organization is sole proprietorship. It is the least regulated of all types of business structures. Sole proprietorship is the traditional unincorporated one-person business. The advantages of sole proprietorship are: less expensive to start up, owners have full control over management
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business organization are (1) sole proprietorships, (2) partnerships, and (3) corporations. In addition, several hybrid forms are gaining popularity. These hybrid forms are the limited partnership, the limited liability partnership, the professional corporation, and the s corporation. The proprietorship has three important advantages: (1) it is easily and inexpensively formed, (2) it is subject to few government regulations, and (3) the business pays no corporate income taxes. The proprietorship also
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I will give my professional advises onto three task-it is true that profit is source of funding to run New dream?And i also need to find the sources of funding availble for a business project,and no matter it is in private sector,public listing sector or in public sector,on task two,i need to explain and assess the implications of the different sources or funding,on the last task,i need to find out the life-span situation of New Dream and evaluate appropriate source of finanace for starting-up
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Franchises & Business Plans What is a franchise? Using examples from the real world, explain three advantages to the franchiser and to the franchisee. A franchise is where a business with a well-known brand name (the franchisor) lets a person (the franchisee) or a group of people set up their own business using that brand. This is in exchange for an initial fee and continuing royalty payments (a certain percentage of turnover or profit) for as long as the franchise lasts. A franchise is not
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PUBLIC ISSUE IN MALAYSIA PROSTITUTION IN MALAYSIA In Malaysia, prostitution is the illegal activities run by the irresponsible party. But in other Asian country, prostitution is legal because it is contribute in the economic growth like in China, Indonesia, Vietnam, Myanmar, and the Philippines. Prostitutes in Malaysia majority are from neighbouring countries, because of human trafficking done by the irresponsible party that bring illegal immigrant to Malaysia and force or voluntary work as sex
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