Preview

What To Do If I Allowed Neighbor's Yards?

Good Essays
Open Document
Open Document
560 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
What To Do If I Allowed Neighbor's Yards?
BUS/210
Date: 4/28/11
Nick Okoro
Axia College of University of Phoenix

Business Organization

I started my Lawn Mowing Service as a sole proprietorship. I bought the lawn mover, edge trimmer, gasoline, and rake. I mowed neighbor’s yards. I got all the profits. If I did a bad job, or could not mow because of weather, I took a loss. I was very successful and made a lot of money and had 100 yards to tend every month. But I got tired of mowing 100 yards a month and working between 10 and 12 hour days. I needed help. I asked my parents if they would help and I would pay them half of what I made on each yard they mowed. They said: “No, we want the full amount for each yard mowed.” The only way that they would be able to get the full amount

You May Also Find These Documents Helpful

  • Good Essays

    Prieto, works for a medical practice while making decent income within years. His wife, Mrs. Prieto, spends a considerable amount of time working in the same medical practice. Under the strong interest of riding horses for both the petitioners and their children, they engaged in a horse activity that included purchasing, training, showing and selling horses. Petitioner created logo for the business but does not have a written business plan; neither makes a budget for the horse activity. In later years, petitioners entered their horses in at least 15 different shows and become recognized. However, the horse activity sustained losses, and the petitioners deducted these losses from their income each year. They attempted to cut losses due to cash shortage but did not even inform the “bookkeeper” how much money they were losing. During 2000, petitioners closed up the horse activity, mainly because their children are old enough and move…

    • 682 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Tax Research Memo

    • 529 Words
    • 3 Pages

    You, Peter Sleiman, entered into a lease agreement with Blockbuster Video, Inc. Your lease stipulated that you purchase land, build a video rental store, and lease it to Blockbuster. You then set up an S Corporation, REE, Inc. and assigned the lease to REE. REE then obtained bank loans of approximately $1 million by pledging the property the S Corporation had purchased as collateral. Mr. Sleiman, you personally guaranteed the loans, however the bank did not contact you for repayment.…

    • 529 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Acres was very conservative about making business decisions for her future business. Acres had developed a plan all though she seemed nervous about the situation. Acres started off by purchasing some used commercial grade equipment.(Bethel University, 2012) Acres also borrowed $25,000.00 dollars from…

    • 259 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Law 421

    • 370 Words
    • 1 Page

    Mary should be the one to win in this case for the fact that her offer was not accepted initially at the time she offered it and therefore is not legally bound to pay them anything. However they could be considered as trespassing and destruction of property since they were on her property without her initially consent. Since they did not agree at the time she was unaware that they would be showing up. She in this case can be considered a consumer looking for the best deal. She offered the job to Mike and Liam and the next day found a better offer. She is allowed to change her mind as to who is to paint her house. For example, it would be no different if Mary had offered to watch Mike’s child for $5 an hour. The offer was made but Mike is not required to bring his child to Mary and pay her if Jane will watch the same child for $2.50 an hour plus feed the child at no additional cost to Mike.…

    • 370 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    The Devils Own Wine Shoppe

    • 1696 Words
    • 7 Pages

    The article, “The Devil’s Own Wine Shoppe” revolves around the wine store owned by Bruce Nelson and his wife, Mary Lee. Being a business owner has been a life-long dream of Bruce. They opened the wine store in August 1974 with initial capital of $22,000 and an initial outlay of $17,258. In addition to owning the wine store, Bruce works fulltime as a car salesman while Mary Lee divides her time between working at the wine store and running the household. Bruce and Mary Lee have been placed in a position where they must decide if they should close the wine store, Bruce quit his fulltime job and devote his time completely to the wine store, hire additional help so that Mary Lee no longer has to work at the wine store, or continue as they are—Bruce dividing his time between the dealership and wine store and Mary Lee dividing her time between the wine store and home. The decision is contingent on Bruce and Mary Lee being able to transform the financial position of the wine store at it is currently operating at a loss.…

    • 1696 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Apartment unit four’s new garden in the backyard continues to have a sidewalk bisect the lawn horizontally and a fence that defines the end of its property. These elements serve as the datum for the designed landscape. In addition, the rectangular pool and the portion of the sidewalk that branches out to lead up to the porch further divide the site vertically. The pool lies embedded into the ground between the sidewalk and meshed fencing. Its reflective water provides a calming effect, particularly when it shimmers with hues of red, orange, and yellow during…

    • 95 Words
    • 1 Page
    Good Essays
  • Powerful Essays

    References: Balanced Scorecard Institute (n.d). Balanced Scorecard Basics. Retrieved October 17, 2011, from http://www.balancedscorecard.org: http://www.balancedscorecard.org/BSCResources/AbouttheBalancedScorecard/tabid/55/Default.aspx…

    • 4721 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Our clients, the parents of their deceased son Opie Taylor, who was the age of ten years old. Every year the local Cub Scout troop, that Opie Taylor was apart off, would spend Thanksgiving at Floyd Lawson home that included fifteen acres of surrounding land. There is a ditch surrounding the premises which at the time of incident was filled with water that was from the continuous rain of that day. Opie Taylor on this day had slid down the embankment on a flattened cardboard into the water and never resurface. He was later found deceased from drowning in the ditch.…

    • 1354 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    Sweg

    • 1183 Words
    • 5 Pages

    9_12 Business and IT BF05 - Personal Finance Test 1 Study Guide 1.2 Rutherford 501 4. Mrs. Dunn always goes to the cleaners around the corner from her job. This illustrates a decision made: A. by following logical steps. B. from habit. C. on impulse. D. with options in mind. 5. Mr. Matthews bought the first box of candy he saw for his wife's birthday. This illustrates a decision made: A. by following logical steps. B. from habit. C. on impulse. D. with options in mind.…

    • 1183 Words
    • 5 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Monica Porter loves photography and wants to start her own company. She is single, 26 years old, and lives in an apartment in Nicetown. She has a job as a clerk in a grocery store that currently pays her living expenses. Her dream is to be a portrait photographer specializing in events such as weddings, birthdays, graduations, etc. She has saved $10,000 to start this endeavor. She knows nothing about accounting and has hired you to provide her with accounting services as well as guidance in starting this business.…

    • 492 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    The protection of an individual’s right to his or her property has become one of our most important rights.…

    • 2518 Words
    • 13 Pages
    Satisfactory Essays
  • Good Essays

    I would prepare a demand letter for signature by the Attorney and send it to McFarland.…

    • 401 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Woodstock

    • 1428 Words
    • 6 Pages

    “As the 1960s progressed, young Americans’ understanding of freedom increasingly expanded to include cultural freedom”(Foner, E. 2006). The generational rebellion that became to be known as counterculture would soon descend upon the hills of Bethel in upstate New York to what would be “the counterculture’s biggest bash”. The 1969 Woodstock Music Festival forever left a footprint in the lives of all those who had a hand in the staging of the festival, whether it be a hippie, planner, resident, or a business owner. It “brought together hundreds of thousands of young people to celebrate their alternative lifestyle and independence from adult authority.” (Foner, E. 2006). On August 15 to August 18, 1969, more than 450,000 people gathered on Max Yasgure’s pasture in Sullivan County to listen to music from artists such as Jimi Hendrix and Joan Baez. The town of Bethel was hit with a huge impact. While some good came out of it, such as local motels and gas stations profiting from the influx of hippies, farmers lost income and land were destroyed. Residents were left to clean up the mess left behind. Woodstock can be attributed to bringing the community of Bethel together as well as the young Americans who now had a stronger sense of community. Local government had to intervene by creating zoning laws. The residents of Bethel were promised future traffic jams would be prevented. Political fallout also resulted after Woodstock.…

    • 1428 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Over the years I became educated and skilled at clothing making and dreamed of profiting on my own and establishing a small shop in town to continue in the trade. My master and the family agreed to grant me a business loan and would donate the necessary tools to help me get started. Of course I would return the favor given the success of my business along with monthly payment installments. Getting started was difficult given my deformity due to small pox scarring, my family being loving and generous toward me were able to overlook my scars. The report of the masters clothing had spread across the village and many villagers were loyal customers, they saw that I was very skilled in my new found profession and continued business. Eventually business grew and we established a loyal customer base that got us through the threat of cheap slave labor. Although our prices fluctuated to compete with the slave owners our product was crafted with more integrity and kept business going. The need for products grew however customers were unable to always pay upfront forcing us to collect our profits. We started offering our customers discount opportunities for their loyal business and paying in cash. This helped our business receive more cash payments versus trade goods and lending…

    • 675 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Participate in class discussions – I require 2 substantive postings on 4 out of the 7 days of the week.…

    • 511 Words
    • 4 Pages
    Satisfactory Essays