1. I chose the Family and Medical Leave Act of 1993. The Family and Medical Leave Act provides unpaid leave of absence for situations regarding the birth, adoption or fostering a employees child and for serious health condition for immediate family members including employee’s own health condition. The duration required to be provided is 12 weeks of unpaid leave. What the Family and Medical Leave Act does is protect your current job position and continues to provide health coverage during the absence
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us at: nerdypupil@gmail.com ACC 291 WEEK 3 DISCUSSION QUESTION 1 Why does a company choose to form as a corporation? What are the steps required to become a corporation? What are the advantages and disadvantages of the corporate form of doing business? Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 291 Week 3 Discussion Question 1 in order to ace their studies. ACC 291 WEEK 3 DISCUSSION QUESTION 1 To purchase this visit here: http://www.nerdypupil.com/product/acc-291-week-3-discussion-question-1/
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LIT 1 Task 1 Part A: Business owners face a lot of challenges. In order to conduct their operations effectively businesses must be organized. The complex world of business is filled with the pressures of running a business, profit margins, decision-making, liability, Income tax, longevity, government regulations, control, expansion and future of the business and countless other things. In the United States businesses can be organized into one of three basic legal forms. * Sole proprietorship's
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Business Structure Basics With this basic guide, you'll be able to select the structure that suits your business best. VIEW COMMENTS (0) How To Business Structures Starting A Business Startup Basics 30 Days ENTREPRENEUR STAFF ENTREPRENEUR STAFF Of all the decisions you make when starting a business, probably the most important one relating to taxes is the type of legal structure you select for your company. Not only will this decision have an impact on how much you pay in taxes, but
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other companies. The corporation has a huge disadvantage is a double taxation. And the rest of disadvantages are same as LLC. 3. What action would you recommend the company undertake? Why? I would recommend Mcgee company use LLC as a form of business organization. The most important reason is there is no double taxation. The company only needs to pay individual taxes. Also, it has all the same advantages as the corporate
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Act of 1993 specifically deals with the need of our nation’s workforce as it relates to work/life balance. The purpose of this paper is for the reader to gain an understanding of how the Family and Medical Leave Act of 1993 came to be signed into law by providing the context of why the need for such a
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Business Structures Paper Finance/571 August 5, 2013 Business Structures Entrepreneurship is an excellent opportunity for individuals seeking the independence of running their own business. Starting a business can be a quite daunting task for anyone who is looking to do so. Potential business owners must be ready to invest much of their time and energy to the planning and startup phases of their business. Those activities include conducting research, creating a business plan
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Business Form Comparisons Western Governors University The different forms of business are sole proprietorship, which is already in use by the client; general partnership; limited partnership; c-corporation; s-corporation; and Limited Liability Company. The client is currently unsatisfied with the sole proprietorship, which is the easiest type of business to begin and to run, but which doesn’t fit the client’s needs any longer, since the business has expanded
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1. What are the differences between these three business entities? Sole Proprietorship, Partnership or a Corporation. A sole proprietorship is when one individual owns a business and is the person responsible for it. This person holds all the responsibility in liabilities and liability claims, but will also be the sole person to collect profit, if there is any. Sole proprietorships are subject to few government regulations and are easy to start, however, there is unlimited liability and capital
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must accept the lowest qualified bid - can use privilege clause (the owner has privilege to not accept the lowest bid) Various forms in procurement: (request for expression of interest (RFEOI) Request for proposal - now frequently for construction law (RFP) - owner choose to cancel RFP anytime (e.g. too expensive etc). RFP less risk, but less certainty, b/e it’s not bound by a contract. Tenders/Request for quotation (RFQ) - process set out to be TRANSPARENT - be in trouble if say we wanted to choose
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