Small Business Idea University of Phoenix Accounting Acc/561 Norsey Dorris June 27, 2012 The government has decided to kick start another program to release funds for small businesses across the country. This can be an exciting and overwhelming experience at once to start-up a new business, especially with the help of federal funding. To incorporate or not to incorporate, that is the question. There are many decisions to make once a business idea (hopefully a business plan has been
Words: 1203 - Pages: 5
Small Business Idea In an attempt to boost the economy, the government announced plans to release funding to individuals for use in starting up small businesses. Starting a new business requires an understanding of the advantages and disadvantages associated with the different forms of business which include sole proprietorship, partnership, C-corporation, and S-corporation. Although here are many benefits to each form of business, there are also consequences ranging from tax implications, legal
Words: 1050 - Pages: 5
Small Business Idea Paula Boyce University of Phoenix Accounting ACC - 561 Professor Trenda Hackett December 07, 2011 Small Business Idea The government has released fund for creating small businesses. One’s interest is to establish a small business and must determine which of the four forms of business organization will best suit the business chosen. Legal, tax, accounting, and other implications when selecting from the four business types are matters of considerations (University
Words: 1307 - Pages: 6
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
Running head: SMALL BUSINESS IDEA PAPER 1 Small Business Idea Paper Napoleon Melton, Jr. ACC/561 September 5, 2011 James Sullivan SMALL BUSINESS IDEA PAPER 2 Small Business Idea Paper Establishing a small business requires the cultivation of a business idea to a business plan that successfully outlines its unique product or service, the rationale for choosing the business organization in particular for the unique product or service, and the financial statements & implications associated
Words: 1243 - Pages: 5
Small Business Idea Paper University of Phoenix ACC/561 September 24, 2012 Introduction It has been published in the news media that the government of the United States will open up some opportunities for businesses by releasing some funds. This week’s assignment is to discuss the forms of business organizations. Also, the intent of this paper is to discuss the accounting structure for the lending process along with all the legal documentation. The intent of the paper will
Words: 1183 - Pages: 5
1. Small Business Idea Paper 2. Introduction The Federal Government has allocated suitable funds for potential entrepreneurs and prospected business types who seek to further engage in economic acquisition or create a new element of capital in order to foster the current economy with a potential small business venture. I have chosen to acquire these much needed resources in order to create my small business and join the field of Security in Protective Services. My company is entitled
Words: 1536 - Pages: 7
Small Business Idea ACC 561 September 3, 2012 Dr. James Krause Small Business Idea Recently the government has released funds for creating small businesses. These funds would allow any person who wants to start their own business who might have not had all of the funds that they needed. In addition, to the release of funds a company would have to look to see what type of business organization they would like to use for ones unique service or product. Consideration needs to be taken into
Words: 1267 - Pages: 6
Small Business Idea Tina Sergio ACC/561 Week 1 February 5, 2013 Bobby Bates Small businesses and entrepreneurs form the backbone of the U.S. economy. Since early America, entrepreneurs have generated ideas that create opportunities so other people were able to begin their own company, and, it is likely that new entrepreneurs will continue to
Words: 1630 - Pages: 7
Small-Business Idea Vanessa Singleton ACC/561 May 20, 2013 Aaron Strenkoski Small-Business Idea Due to the government releasing funds to establish small businesses, my vision of owning a spa becomes a reality. Starting a new business is challenging, a potential business owner should develop a well thought out business plan to set their venture into action. As a business owner, I have to take into consideration which of the four forms of business organizations best suit my services. I must
Words: 1795 - Pages: 8
