Assignment: Job Fair Brochure Bus/210 John Chandler 04/14/2012 Katurah Allen This discussion will describe the structure, business model, and culture of a selected business. There will be a justification for why each element was selected, and an explanation of how each choice of elements will impact the chosen business. A business model is like any other model; it represents and summarizes how whole businesses do business. The business model explains, in summary, the fundamental nature
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Limited Liability Corporation & Partnership Finance for Decision Making FIN 419 University of Phoenix In this paper the important roles of a Limited Liability Corporation (LLC), Limited Partnership (LP), and the Limited Liability Partnership (LLP) will be explained. This includes the advantages and the disadvantages of both while starting up a new business. Many decisions go into starting a business and determining the form of entity the business will take is an important decision to
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benefits or services you will be provide, you must chose what type of business organization is the best for you. There are plenty types of organizations that you can chose, let see some of these types below. Sole trade Sole trade is a type of business that anybody can set up very easy. Sole trade organization has only one owner. This business can trade under the owner name or under the business name for example Chris Brown or Fish Center but the owner must be careful because the name of the business
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[Year] [AMENDMENTS VIDE FINANCE ACT, 2010 ON “DIRECT TAX” ] [Amendments vide Finance Act,2010 are applicable for June 2011 and December 2011 terms of Examination] AMENDMENTS vide FINANCE ACT, 2010 on “DIRECT TAX” Tax Rates Rates of Income - Tax for Assessment Year 2011-12 1.1 (A) For woman, resident in India and below the age of 65 years at any time during the previous. Upto Rs. 1,90,000 Rs. 1,90,001 to Rs. 5,00,000 Rs. 5,00,001 to Rs. 8,00,000 Above Rs. 8,00,000 Nil 10% 20% 30% 1.1 (B)
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February 26, 2012 . A partnership is when two or more people come together to form a business. There are at least three different types of partnership: First is the general partnership, where all owners have the same stake in the business’s daily functions and financial liabilities; second is the limited partnership. The limited partnership defines a partnership where at least one partner acts as the general partner, and at least one is a limited partner. All partnerships require at least one
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Business Law BMAIE003 17th March 2013 Assessment 2 - Forming a Business Individual Consultant’s Report (2500 Words) Feed forward Document Based upon Draft Submissions Submission Rules. I require a copy of your Consultant’s Report to be upload using that Final Submission upload button which is located in the relevant Moodle Portal Area before the deadline. – try not to leave it until the last possible date !!!!!!!!!!!!!!. Please save your word document using the agreed formula:
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Partnerships vs. Corporations Tracy Kamke Professor Edward Hastings ACC317 March 9, 2014 A partnership is an association owned by two or more people to carry a business or trade with each parnter contributing money, property, labor, or skill and all partners expecting to share the profits and losses. A corporation is a separate entity that has its own rights, privileges, and liabilities separate from its members. Whether you choose to be a partnership or corporation
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decision making and simpler managing. Simple operating procedure can be tricky, while it makes for easy entry into a partnership, you two as original owners should make sure that all documents are signed and filed and that a proper partnership agreement is made and signed. Some disadvantages of a partnership include conflict with partners, authority of each partner, unlimited liability, and limitations on transfers of ownership. Conflict with partners and authority of partners can be easily handled
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Partnership Accounting Finding of The Study Definition A partnership is an association of two or more persons to carry on as co-owners of a business for profit. Partnerships are sometimes used in small retail, service, or manufacturing companies. Also accountants, lawyers, and doctors find it desirable to form partnerships with other professionals in the field. Characteristics of Partnership Partnerships are fairly easy to form. People form partnerships simply by
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Limited Liability Corporation and Partnership Paper K. Smith FIN/419 June 2, 2014 The thought of running your own business can be very overwhelming. There are many things to be considered when starting a business. It involves writing a business plan, choosing a location, knowing whether to get a loan or start the business with another individuals. Knowing whether or not you will start the business as an individual or with a partner will help with the next question. How will you structure
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