Smart Architectural Aluminium Smart Systems Range – National Locally based in Yatton‚ North Somerset‚ in an impressive 30‚000sq/m purpose built building housing their offices‚ extrusion press‚ powder coating paint line and distribution facilities. With national distribution service Smart Systems are one of the UK’s leading aluminium systems and suppliers of bespoke extrusion with a reputation for product innovation‚ design expertise‚ technical competence and quality. Business sector – Private/Ltd
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Types of Business Organisation GCSE Business Studies tutor2u™ Revision Presentations 2004 Introduction A business is always owned by someone. This can just be one person‚ or thousands. So a business can have a number of different types of ownership depending on the aims and objectives of the owners. Most businesses aim to make profit for their owners. Profits may not be the major objective‚ but in order to survive a business will need make a profit in the long term. Some organisations however
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GUIDELINES FOR REGISTRATION OF NEW BUSINESS Business includes every form of trade‚ commerce‚ craftsmanship‚ calling‚ profession or other activity carried on for the purposes of gain‚ but does not include any office or employment or any charitable undertaking or any occupation specified in the schedule under the provisions of the Business Registration Act 1956 (ROBA 1956). Business that may be registered under the ROBA 1956 is a business operating in West Malaysia which includes Peninsular Malaysia
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Rolly approached Molly and Polly and asked them to be shareholders to form a company. Then Rolly acquired a shop lot worth RM350‚000 in order to prepare for the company in future. She bought this shop lot below the market price as the vendor was looking urgently to sell it. After the company is formed‚ she sold the shop lot to Jiggles Sdn. Bhd. at market price. Thus‚ she gained a lucrative profit of RM200‚000 without the knowledge of any other party. Definition of promoter Section 4(1) of the
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List and briefly describe the three basic questions addressed by a financial manager. What should be the goal of the financial manager of a corporation? Why? What advantages does the corporate form of organization have over sole proprietorships or partnerships? If the corporate form of business organization has so many advantages over the sole proprietorship‚ why is it so common for small businesses to initially be formed as sole proprietorships? The three areas are: 1. Capital budgeting: The
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Advantages of Sole Traders It is easy to set up a sole trader. A person can set up a business immediately. There are few‚ if any‚ forms to fill in or procedures needed to set. Easier to run than any other types of business. The owner is in sole charge‚ easier in terms of decision making. Tax Advantages Taxed differently eg. NI contributions are low There are no legal fees to set the firm Control The owner is in sole charge – can make whatever changes they want No meetings required to implement
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University of Phoenix Material Business Forms Worksheet There are seven forms of business: sole proprietorship‚ partnership‚ limited liability partnership‚ limited liability company (including the single member LLC)‚ S Corporation‚ Franchise‚ and Corporation. 1. Research and provide three advantages and three disadvantages for each business form. 2. Provide a 100- to 200-word summary in which you provide an example business that you would start for each form. What is legally necessary to file
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CODE: DIM 1004 BUSINESS ACCOUNTING AND ETHNICS ASSIGNMENT NAME : TEY KIM CHI NRIC : 910517-14-5038 H/P NUMBER : +6016-6583248 STUDENT ID : 200194 LECTURER : MR DOUGLAS AUGUST 2011 SEMESTER 1.0 TABLE OF CONTENTS NO TOPIC PAGES 1.0 Table of Content 1 2.0 Introduction 2 3.0 Background of Limited Company and Sole Trader-Nokia Mobile and Accountant 7 4.0 Main Advantages of Limited Company Over The Sole Trader 13 5
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Sonic Boom Angel Dewberry MAN 1030 Introduction to Business Everest University February 2‚ 2013 Sonic is a large chain of fast food restaurants with over 3‚200 drive-ins all over the country and in Mexico. (http://sonicboomsc.com/sonichistory.html) I would have never thought that it all began as a sole proprietorship‚ a business owned and managed by one person. There is no way that Sonic would have grown as large as it has today if it had stayed that way. Today Sonic is now a successful corporation
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1. Advantage of limited company status. Higher take home pay - You’ll typically take home around 75% - 80% of your contract by working through your own limited company‚ you can take home as much as £15‚000 per year more on a £350 daily rate compared with using an Umbrella Company. Claim on a wider range of expenses - Anything that is solely classed as a business cost can be claimed back on expenses. Trading through a Limited company means you can claim on a wider range of expenses such as accountancy
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