Part A SOLE PROPRIETORSHIP: LIABILITY – Sole Proprietorship caries a large amount of liability because your personal credit can be affected if business fails. INCOME TAXES – As a sole proprietorship you only file one income tax for yourself and your business combined. LONGEVITY/CONTINUITY – A Sole proprietorship can grow as fast or as slow as the owner chooses. CONTROL – Sole proprietor has complete control over every aspect of the business. The sole proprietorship can grow at fast or
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A. Concern in the late 1800s with society’s economic well-being‚ public pressure and the market control by oligopolist and monopolist also known as trusts the government enacted antitrust legislation. The Sherman Act of 1890 was the first legislation aimed at declaring restraint of trade and monopolization to be illegal. With the Sherman Act being somewhat vague the Clayton Act of 1914 sought to further empower the Sherman Act by banning price discrimination‚ prohibiting tying contracts‚ interlocking
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To: Company G CEO Date: February 20‚ 2013 Re: Comparing Company G against industry average The first ratio calculated was current ratio. This is done by dividing current liabilities by current assets. Current ratio is important because it shows the business’s ability to pay back the current liabilities with the current assets that they have available to them. At the end of 2011‚ the current ratio was at 1.86. In 2012‚ this ratio dropped to 1.80. The industry ranges from 3.1 (showing a strong
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Britain utilized three strategies in order gain their rise to power in the colonization in Nigeria. Colonialism‚ “is the act of moving a significant number of citizens from a home nation into a new conquered territory”. As aforementioned they successfully did so by three means‚ one is by coordinating treaties. Seizing power and gaining control‚ British successful established treaties with the chiefs of the Niger Delta‚ which ultimately allowed them to proclaim the central and eastern coast of Nigeria
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Devonne Slade‚ RN Fiscal Concerns in the Health Care Setting- Case Study 4 Nursing Leadership and Management Dr. Susan Quinn November 20‚ 2011 In establishing the budget the first determination that was made was the amount of money necessary for each of the designated areas of spending per month. This was determined by dividing the amount of money currently allotted annually by the months in the year (12) to determine if the budgeted amount was on or off target. The
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7144-11-1CSQ AID: 1112 | 28/05/2013 jet blue or west jet both have some goal to draw customer attention that is low cost travel with unique amenities like TV in every seat ‚ and its heavy reliance on information technology through out the business was a critical factor in achieving that goal. → over the past years‚ customers have been heavily relying on airline reservation systems to book their tickets‚ reserve seats‚ pay for the tickets and also check-in
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Wendie Lunn Unit 3 Health and Safety and Security Task 3 Risk Assessments A risk assessment is something that will be written up before an outing‚ the assessment covers what the risks are‚ who can be put at risk‚ where the risk could take place‚ when the risk is most likely to happen and how the risks will harm the service users. A risk assessment is always done before an activity so the service users and myself are kept safe and the service providers have a written step-by-step plan if anything
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The business world we live in today is a “dog eat dog” world and there is no such thing as slowing down anytime soon. If you rest that means you may fail because there is always someone or a company thinking and creating new ideas or products all the time that may be better than your current ideas or products. That is why many companies have adopted an entrepreneurial culture to help survive and thrive in today’s marketplace (Ryan May). There are four main reasons why entrepreneurial companies
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In Childminding I will be required to practice confidentiality this means that I will not be discussing or sharing personal information I know about the families I work with. This doesn’t mean I can’t talk about the children and their families but maintaining a professional understanding nature towards the family‚ however there are two circumstances which I am able to share or pass on information; one is if I have the parents’ permission to do so two is if there is a concern for the child’s welfare
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After Columbus mistakenly discovered the Americas in 1492‚ European countries were soon setting out to establish themselves in this new world. Spain was first to establish itself in the new world‚ using their powerful military and their navy. The new colonies were completely dictated by the king of Spain‚ such one of his policies allowing colonists to use the native tribes for forced labor. France was the second major power to establish itself. Their main focus was fur trapping and fur trading. The
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