The intricacies of doing business in Indonesia will present a mystery to newcomers. Rest assured that there are many “seasoned veterans” that can assist you in your transition to your new job in Indonesia or assist you in making your business venture in Indonesia a success. Expatriate Business Associations Join an expatriate business association and get involved! A sure way to keep in touch with what is going on in the business world around you. Foreign Investment and Company Establishment
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responsibilities by taking leave for certain reasons. The law is intended to promote stability and economic security for families, as well as national interests in preserving the integrity of the family. FMLA applies to any employer in the private sector, which is engaged in commerce or in any industry or activity affecting commerce, and who has 50 or more employees each working day for at least 20 calendar weeks in the current or preceding calendar year. The law applies to all public institutions (state and
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Small Business Plan September 20, 2011 Accounting 561 Being able to have a small business that is important to the community is the ultimate goal for my company. Providing lost cost party and wedding planning is goal of Sia’s Supreme Planning. Deciding on the best business form out of sole proprietorship, partnership, “C” corporation, and “S” corporation are the first step in building a lucrative company. Once the business organization has been decided, we have to decide on the best financial
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ventures is a “strategic alliance among two or more organizations that agree to establish and share the ownership jointly of a new business” (p. 342). Joint ventures are formal and bounded by a legal agreement with all parties’ rights and responsibilities spelled out. Joint ventures are considered one of the best methods for entering into foreign markets. As with any business venture, there are pros and cons that need to be considered (Jones, 2011). Many foreign markets have the potential to
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MANAGEMENT (Difficulty: E = Easy, M = Medium, and T = Tough) Multiple Choice: Conceptual Easy: Firm organization Answer: c Diff: E [i]. Which of the following statements is true? a. One of the benefits of incorporating your business is that you become entitled to receive unlimited liability. b. Sole proprietorships are subject to more regulations than corporations. c. Sole proprietorships do not have to pay corporate tax. d. All of the statements above are
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and/or local laws affect ting the type of business, and Dissolution. Different forms of business are customized to suit corporations due the amount of liability that is spread throughout the business. One form of business may be a safer and more profitable alternative because investors can invest with low risk. For example, a sole proprietorship is the simplest form of business. It refers to a person who owns a business and is personally responsible for the debt of the business. A good sole proprietorship
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Their innovative work ethic enabled HP, its employs and their business partnership to thrive. 4. Kasie opens up “Kasie’s Creations” which is a catering company. She has a team of 10 that assist in prepping and cooking the food, delivering the food to the customers and also serving the food when the situation warrants. The team of 10 work directly for Kasie and she receives all profits and has unlimited responsibility for all business losses and gains. Kasie is he sole
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Legal Forms of Business Law/531 Legal Forms of Business There are multiple legal forms of business including sole proprietorships, partnerships, limited liability partnerships, limited liability companies, S-corporations, franchises, and corporate forms. Entrepreneurs must assess concerns of liability, risks, and assets when considering these optional forms of business because each form has its own advantages and disadvantages. The following paragraphs illustrate specific scenarios
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A joint venture is a partnership or alliance among two or more businesses or organizations based on shared expertise or resources to achieve a particular goal.1 There are many good business reasons to participate in a joint venture partnering with a business that has complementary abilities and resources, such as finance, distribution channels, or technology, makes good sense. These are just some of the reasons partnerships formed by joint venture are becoming increasingly popular. A joint venture
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Caitlin Jerome February 16, 2013 Western Governors University LIT1 Task 2 Introduction: The United States of America have created the laws that have and will protect the workers’ rights and provide the guidelines to the employers they work for. In 1993, there was a law that was passed called the Family Medical Leave Act that provides clear guidance to the employers and employees. The Americans with Disabilities Act was passed in 1990 and the Age Discrimination Act of 1975 was also passed
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