Business Structures FIN/571 November 25‚ 2013 Business Structures Starting a business involves a large amount of planning. Part of this planning is determining what type of business structure is the proper structure for the business. There are several types of business structures. The purpose of this paper is to identify the different business structures‚ and to explain how each business structure may and might not be advantageous. Business Structures There are three different types
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Introduction When starting and owning a business‚ you need to understand the importance of how you will choose to organize your business from different types of business structures such as sole proprietorship‚ partnership and corporation. This week you will see a brief explanation of each as well as advantages and disadvantage of each of the business structures. Personal Business Structure Sole proprietorships are the simplest of all legal structures but they also lack many of the legal and financial
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Business Structures Ruth Whitehead FIN/571 February 23‚ 2015 Oscar Lewis Business Structures Three types of business structures exist; Partnership‚ Sole Proprietorship‚ and Corporation. Essential deliberations are dimensions of the commercial‚ the method in which revenue from the trade is a tax‚ the lawful obligation of the proprietors‚ and the capability to obtain monies to fund the business. Few businesses start-up as a large capacity organization. All business structures have advantages and
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Business Structures Selecting the correct method of incorporating and running a business depends on many variables. Specifically with the sole proprietorship‚ partnership‚ corporations‚ general corporations‚ subchapter S‚ limited liability corporation‚ an analysis of the advantages and disadvantages provides a deeper understanding of companies that operate under these monikers. The diversity of these individual methods well defines the types of businesses they correlate to‚ further diversifying
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When beginning a business‚ it is extremely important that the owners of the business decide the organizational form that will be beneficial to maximize the value of the firm. The owners must consider the size of the business‚ the taxation of the business‚ the liability of the owners and the ability to raise capital to finance the business (Parrino‚ Kidwell & Bates‚ 2012). The owners will then choose one of the 3 different forms: sole proprietorship‚ partnership or corporation. Sole Proprietorship
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The Economic Impact of SUVs “The SUV (Sports Utility Vehicle) is one of the most popular types of vehicle to both own and drive. Last year‚ SUVs and minivans outsold conventional cars for the first time. However‚ the SUV is increasingly coming under attack for its fuel economy‚ emissions standards and safety record. Vehicle fuel efficiency across the US is now at its lowest level since 1980. However‚ former California governor Gray Davis signed legislation requiring the California Air Resources
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macro business environment - To explain the terms SWOT‚ PEST‚ BPPEST‚ TOWS and SWOC in environmental analysis. - To describe the various business environmental forces - To state the strategic role of the environment on business performance Section 1: An Overview of Business Economics 1.1. Introduction Business economics is concerned with a total approach to organisational existence and activities. According to G.J de Cronje‚ in his popular book‚ “Introduction to Business Management”
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I. ACTIVITY TRAINING TO IMPACT TRAINING A. Training for Activity 1. The HRD dept. is held accountable for its activity‚ not for its results · There is no formal output of results so managers are left to decide weather it is beneficial or not. 2. The HRD staff is held accountable for design and delivery of training programs. · In training for activity‚ trainers are held accountable for the number of programs they deliver or design. · 80% of their time is activity so there’s
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References: – Bajada‚ C. (eds.) 2007‚ Economic Principles 2nd ed.‚ McGraw-Hill Irwin‚ Australia. – Parkin‚ M (eds.) 1996‚ Microeconomics 2nd ed.‚ Addison-Wesley Publishing‚ America. – Quayle‚ M (eds.) 1994‚ Microeconomics: A contemporary introduction‚ Thomson Nelson Publishing‚ America. – O’Sullivan
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Economic Activity in Italy Located in Southern Europe‚ Italy is a peninsula that extends into the central Mediterranean Sea‚ northeast of Tunisia. Italy’s industrial economy is diversified‚ divided into the industrially developed North that is dominated by privately held companies‚ and a less-developed South‚ that is welfare-dependent and more agriculturally orientated‚ with high unemployment. The Italian economy is largely driven by the manufacturing of higher quality goods that are produced by
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