business, or even when the venture parameters have changed, owners must decide in regard to the most suitable business structure for their needs. Whether the business will be a sole proprietorship, partnership, limited liability company (LLC) or corporation, it depends on the type of business, how many owners it has, and its financial situation. There is no one choice that suits every business situation. This paper analyses several of the most important factors to be considered when deciding in regard
Words: 3501 - Pages: 15
Small-Business Idea Paper University of Phoenix ACC 561 Small-Business Idea Paper There are numerous factors affecting the type of business organizations that an owner should form, so that it is most beneficial for him and the product or services provided. In this paper, the four business structures are evaluated and the association of the legal, tax and accounting implications with the different structures are also discussed. Suppose that the government has released funds to set up small
Words: 1147 - Pages: 5
promising and high reputation company in the world wide range. Right now, our main business partners include a sound number of famous Japanese great brand clothing corporation eg,Itouch and Uniqlo. For the reason of our future target and expanding our business map in a world range, we are willing to find and cooperate with more garment corporation from EU in terms of tackling your orders and serving you with our high quality and dedicating one-stop cloth manufacturing and shipment services. Therefore, here
Words: 291 - Pages: 2
Profile | Get Profile for: | | ComfortDelGro Corporation Limited 205 Braddell Road Singapore, 579701 Singapore - Map Phone: 65 6383 8833 Fax: 65 6287 0311 Website: http://www.comfortdelgro.com.sg Details | | Index Membership: | N/A | Sector: | Services | Industry: | Trucking | Full Time Employees: | 22,714 | | Business Summary | | ComfortDelGro Corporation Limited, an investment holding company, operates as a land transport company. It operates a fleet of public scheduled
Words: 258 - Pages: 2
Corporation Incorporating your business does not require that you have an attorney, however it is highly recommended. The structure of a corporation is complex. It is more expensive to organize it than the other two business entities. Corporate control lies with the person who has ownership of the most shares of stock. If a single stockholder or a group of stockholders own at least 51% of the stock they can make decisions
Words: 345 - Pages: 2
readings, differentiate between two legal forms of doing business. Discuss their differences and the benefits and liabilities between the two. Provide an example business. What would be the preferred form of business, and why? Sole proprietorship and corporation are two different forms of the several legal forms of conducting business. Sole proprietorship is a single person owning a business and the owner is the decision-maker with total control. Because it is the simplest form of starting a business several
Words: 327 - Pages: 2
Explaining Basic Accounting Concepts and Business Structures ACT/537 January 9, 2012 Explaining Basic Accounting Concepts and Business Structures A solid understanding of basic accounting is arguably one of the most essential skills future businesses leaders require for success. The business world operates to make a profit, and in order to do so, managers must understand the numbers. Managers from marketing, production, management, or information systems should each understand fundamentals
Words: 947 - Pages: 4
Legal Form of Business Paper Many different forms of business exist. Some of them are more common than others. Sole proprietorship, partnership, limited liability partnership, limited liability company, S corporation, franchise, and corporate form are the seven forms of business that we are going to discuss in this paper. We are going to develop scenarios in which each of these forms of business would be the preferred form and justify why the corresponding business form would be most preferable
Words: 1262 - Pages: 6
Koito Case Study Submitted by Weichao on March 12, 2011 Category: Business and Economics Words: 7841 | Pages: 32 Views: 160 Report this Essay 1. The Japanese corporate governance system differs vastly from the US system. Discuss corporate governance issues that may arise under the Japanese keiretsu system from the perspective of a) financiers b) owners c) suppliers and d) employees. A Japanese keiretsu is effectively a system of cooperation among various stakeholders. From the Japanese point
Words: 7863 - Pages: 32
cu Raspundere Limitata) A limited liability company is a corporation established by maximum 50 associates. The business relies upon the foundation documents. The registered capital of a limited liability company cannot be less than 200 RON. The registered share capital of a limited liability company is usually split into social parts/shares, with a registered value of minimum 10 RON. The law forbids the shares of these corporations to be involved for loans or other banking operations. Shares
Words: 581 - Pages: 3