I. Background/Issues and Concern Rosemary Worth was talking about the consequences of a theft that had recently occurred at the business she owned‚ Private Fitness‚ LLC. Private Fitness is a small health club located in Rancho Palos Verdes‚ California‚ an upscale community located in the Los Angeles Area. As manager of the business‚ Rosemary hired Kate Hoffman‚ one of the instructors and a long-time friend. Kate’s primary tasks included marketing‚ facility upkeep‚ scheduling of appointments‚
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SUMMARY Private Fitness LLC is a small health club located in Rancho Palos Verdes‚ California‚ an upscale community located in the Los Angeles area. The club offers personal fitness training and fitness classes of various types including aerobics‚ spinning‚ body sculpting‚ air boxing‚ kickboxing‚ hip hop‚ step and pump‚ dynamic stretch‚ Pilates‚ and yoga. The following services and fees per hour are collected by Private Fitness LLC: With personal trainers/instructors Private Fitness LLC is owned
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Six months ago‚ Rosemary Worth established Private Fitness‚ Inc in Rancho Palos Verdes‚ California. Her experience as an aerobics instructor and notoriety as a US Fitness model were the perfect tools for building a business. The facilities were paid for through personal savings and a bank loan. Rosemary used $150‚000 of the funds to renovate the facilities and purchase equipment. Five rooms were created; two locker rooms‚ an office‚ a weight room containing free weights and machines‚ and an aerobics
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stealing cash. Accounts should also be reconciled daily. Rosemary should install cameras in the facility and a safe. Lastly‚ I think she should evaluate the salary of her manager and instructors to make certain that she is competitive with other fitness facilities. If she is not‚ then may she should offer a performance motivator such as a
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BBUS 425 Advanced Management Accounting | Case 1: Private Fitness‚ Inc. | Analysis of existing management and operation issues | Yunlong TangYen Hao ChaoInstructor: Tony BellSep 16‚ 2012 | MEMORANDUM DATE: Sep 16‚ 2012 TO: Rosemary Worth‚ the owner of Private Fitness‚ Inc. FROM: Yen Hao Chao and Yunlong Tang ------------------------------------------------- RE: Analysis of existing management and operation issues It’s a pleasure that we have a chance to review your company’s existing
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Assumptions • LiverDerm‚ LLC‚ LLC meets the definition of a group practice as described by the Stark Law See 42 C.F.R. § 411.352 for more information (attached) • LiverDerm‚ LLC is a designated health services (DHS) provider • Healthy Human Hospital (HHH) is an academic medical center Introduction: Stark Law and Anti-Kick back (define) Doctors Liverman and Doctor Derm‚ Thank you for providing more information about your intentions with LiverDerm‚ LLC. I have researched your concerns‚ especially
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Case Study One – Zatswho LLC. 1. What tips can you offer Cooper and Schwinoff about family members who start and run a business together? What pitfalls would you warn them to avoid? Some tips that I would offer Cooper and Schwinoff would be to listen to one another and compromise on what you may or may not think is the right thing to do. A tip that I would offer Schwinoff would be that even though Trisha is your mother stand up for what you think is the right thing to do with the company but
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FACTS: OL‚ an LLC‚ is reimbursing their mechanics for the cost of their training. If the mechanics have to travel‚ OL will reimburse their meals and lodging. OL will also reimburse the mechanics for any purchased tools necessary for the business. Each employee is eligible for a maximum reimbursement of $2‚000 and must submit documentation to OL to receive the reimbursement. ISSUES: Are OL new polices on the reimbursement of tools and training deductible as equipment and training expenses under
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Smart Card LLC – Case Study Overview of the SmartCard LLC Case SmartCard LLC is a company that possesses expertise smart cards as well as magnetic strip technology. SmartCard LLC intends to develop applications and solutions to address the rapidly growing demand for marketing frequency or loyalty programs. SmartCard LLC asserts that as competition increases in the retail sector and other industries that companies will be searching for new ways to understand their customers and techniques to
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Case Study Fitness Plus‚ Part A A. Synopsis Fitness Plus is a full-service health and sports club situated in a large suburban office park. They provide facilities and services for three primary activities: fitness‚ recreation‚ and relaxation. There are four primary areas of the club where the fitness activities take; the aerobics room‚ the free weight room‚ a workout room with Nautilus equipment and a larger workout room with cardio equipment. In addition‚ there are eight racquetball courts‚
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