Business Entities, Laws, and Regulations Many factors must be taken into consideration when starting a business. Location, supplies, and financing are not the only required business planning to complete. Laws, regulations, taxation, and plausible liability situations must be well thought out in a business plan in order for the business to succeed. Entrepreneurs and business owners can spend years deciding the type of business or corporation, which suits their goals best. The following
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performance: * Interest – Companies can deduct interest expense from their income for tax purposes. This deduction will change from year-to-year as more or less debt is on the books. * Taxes – Taxes are subject to change as laws change and the company’s business and accounting practices may change. This deduction also reduces net income. * Depreciation – The tax code allows companies to deduct a portion of the value of an asset each year over a predetermined schedule. This schedule should
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Family Related Issues: Family and Medical Leave Act Carolyn Dodge Professor Eric Baime, JD MBA Law, Ethics, and Corporate Governance LEG500009016*201102 January 29, 2011 Explain if it matters that a parent literally had nothing to do with a biological child in order for the child to take advantage of the Family and Medical Leave Act (FMLA) to care for that parent. The Family and Medical Leave Act of 1993 (hereinafter
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employee was a child. So with that stated, this person can be totally unrelated and still qualify for the Family and Medical Leave Act. As long as it’s one of the two above, then the qualifications have been meet. Explain whether the size of the business can have any effect on whether Tony is eligible for family leave under the FMLA. The size of the company does matter. The company must employ at least 50 people within the 75 mile radius of the employer to be covered by these regulations. On
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packages for the small business owner. I will be applying in several different categories, as they have the Export Express Loan Program, (AIU Online Web Resources, http://www.sba.gov). At the SBA Web Site they have the Export Express Program, this program can be described as fast and easy as they have everything set up for the new business owner. In their first paragraph they let you know right up front that the SBA can make a difference in your company’s plans. “Small business exporters are taking
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makes no difference if the parent had anything to do with the child requesting the leave; all that matters is that the child (employee) is entitled to the leave according to the Family and Medical Leave Act’s guidelines. Other sections of the law guarantees that an employee who returns from a leave of absence can come back to his or her position or one with equal benefits, pay, and employment conditions, and not stand the chance of being terminated as a result of the leave. It also ensured
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Assignment #2 – Family Related Issues Kenya Williams Dr. Mark Davis LEG 500 – Law, Ethics, and Corporate Governance July 31, 2011 Explain if it matters that a parent literally had nothing to do with a biological child in order for the child to take advantage of the Family and Medical Leave Act (FMLA) to care for that parent. It does not matter if a parent had anything to do with a biological child in order for the child to take care of his or her parent and take advantage of FMLA because
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agent can affect their liability to any claims and the two main categories of agent: General agent: a general agent is an agent authorized by the principal to conduct a series of transactions involving continuity of service, like a manager of a business. A general agent does not require fresh authorization for each transaction. Special agent: a special agent is an agent who is authorized to conduct a single transaction or a series of transactions not involving continuity of service. In other words
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| | | | Small Business Idea Paper Nakisha Burton ACC/561 Accounting June 9, 2013 | | One of the most important business choices one can make is the decision to become an entrepreneur and invest the necessary time, money, and energy into starting a business. I always dream of owning and running my very own childcare center. The childcare business offers entrepreneurs the opportunity to pursue a passion for child care and child development while enjoying the independence
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Employee A was allowed to return to his previous position at his previous pay rate. Company X clearly stayed within the law in their assessment of this given situation. The employee was granted the leave requested, and was allowed to return to his previous position at his previous rate of pay. As for the employee not receiving the 11 weeks of withheld salary, the law states
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