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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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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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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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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“Happy Feet‚ LLC” – Children’s Fitness Arena Cindy England January 22‚ 2013 BUS/475 Kathy Rodriguez-Abbott Childhood obesity is a concern that has haunted society for endless years. Especially with all the new technical devices that merely promote less physical activity with video or online play. The lack of physical activity in our youth is largely to blame for the increase in childhood weight gain. Children who are overweight have a 70 to 80 percent chance of remaining overweight their entire
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Assignment 1-3 Read and analyze the Private Fitness‚ Inc. case in Management Control Systems. Write a 2- to 3-page paper that addressing the following. Follow APA guidelines for citations and format for your paper. a. Summarizes the case and provide background information. b. Describes a solution to Rosemary Worth’s control problem that emphasizes: 1. Results controls 2. Action controls 3. Personnel/cultural controls c. Makes a recommendation. d. Explains why
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Jessica Phan Prof. M. Leath English 1301.115 March 22‚ 2014 Essay 2 Limited Liability Company (LLC) and Partnership “To succeed in business‚ to reach the top‚ an individual must know all it is possible to know about that business” (Getty). The first time starting a business is exciting and also a challenge. A person should learn everything about their customers‚ the market and their competitors. Besides‚ the most important thing for a businessman to succeed is understand about what business
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To Form an LLC or Not A limited liability company (LLC) is one of many ways to formally structure a business. The best way to describe an LLC would be as a cross between a sole proprietorship/general partnership and a corporation. “The "LLC" has only been in existence for roughly 26 years and there are some definite pros and cons” (Chapo‚ 2007). Advantages of LLCs There are many benefits to forming an LLC. They are easier and less expensive to start than other forms of business‚ but not every
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Crayola LLC 1100 Church Lane Easton‚ PA 18044-0431 Phone: (610) 253-6271 Fax: (610) 250-5768 www.crayola.com Parent Company Crayola became a wholly-owned subsidiary of Hallmark Cards‚ Inc. in 1984. Subsidiaries Crayola’s subsidiaries include Portfolio Series and Silly Putty. Binney and Smith acquired the rights to Silly Putty in 1977. Mission Statement Crayola does not have a formal mission statement. This is probably due to the fact that they are a subsidiary of Hallmark Cards‚ Inc
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