Running head: SMALL BUSINESS IDEA PAPER 1 Small Business Idea Paper Napoleon Melton‚ Jr. ACC/561 September 5‚ 2011 James Sullivan SMALL BUSINESS IDEA PAPER 2 Small Business Idea Paper Establishing a small business requires the cultivation of a business idea to a business plan that successfully outlines its unique product or service‚ the rationale for choosing the business organization in particular for the unique product or service‚ and the financial statements & implications associated
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companies‚ we have come up with a summarized comparison of different aspects of the firms. Both of the firms are equally successful even though at a different level of clients‚ projects and how they run their firm. They also differ in terms of business entities but equally the same as they are both limited liability protected. The table below shows in detail of the comparison studies of both companies chosen. | AZAM HIAS SDN BHD | TOPCERA DISTRIBUTOR SDN BHD | Vision & Mission | VisionTo
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2. THE FEATURES OF THE LIMITED LIABILITY COMPANY Limited Liability Company‚ along with other types of business entities‚ as well as business partnerships‚ cooperatives‚ state and municipal unitary enterprise is a commercial organization‚ namely organizations that pursue profit as the main goal of their activities and distributing the profits among the participants. This limited liability is characterized by the fact that the current (operational) management in the company (as opposed to partnerships)
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Legal Underpinnings of Business Law Valarie Murphy-Taylor BUS 670 Marla Muse June 09‚ 2014 Abstract The aim of this paper is to discuss business structure and organization and how liability differs between each organizational form. Society has set standards that govern our interactions with others. In addition‚ though not often obvious to the naked eye‚ most businesses have standards that similar to one another in governing their activities and abilities to function continually
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are required to excel in Account Management? 3) What activities must be performed to maximize Account Management return on investment? Enlarge Image Congratulations! You successfully sold one or more of your company’s products or services to a business unit‚ department‚ or division of a large organization. Now your manager has tasked you with "account management". If you are not already familiar with account management‚ you are probably asking yourself the following questions: What is "Account
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opened a business called Arcadia Sports. Jeb is a wealthy partner owning multiple wind farms and doesn’t actively participate in the day to day operations of Arcadia Sports. Josh manages the business and provides subject matter expertise to the operation. On the first excursion of whitewater rafting‚ Jane (a customer)‚ got hurt and suffered permanent damage to her spine. To top it all off‚ Jeb’s wind farms go bankrupt‚ leaving behind a line of debtors seeking to collect. Opening a new business can sometimes
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My Business Type Decision for a Successful Company Ernst Dorval American Intercontinental University Abstract This paper will evaluate the advantages or disadvantages of each business type with the business issues facing. It will discuss the management decision to make concerning which legal form of business that will facilitate my firm to succeed. Key words: Management decision‚ advantages‚ disadvantages‚ legal form of business. My business Type Decision for a Successful Company My
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liability shall be limited or unlimited depending on the type of activity. There are five types of business organizations in the United States. These forms are sole proprietorship‚ a partnership‚ limited liability company‚ partnership‚ and limited liability company. Each of these formations business has advantages and disadvantages for the employer. There are different levels attributed to the owners and partners in each of these forms of business organization responsibility. As for the different levels
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ACC565 Week 6 Discussion 1 and 2 Name Course University 5/14/2014 Discussion 1 "Partnership Tax Year" Please respond to the following: The IRC restricts the choices for a partnership‘s tax year to prevent the deferral of tax. This causes most partnerships to adopt a calendar year for tax reporting. From the e-Activity‚ create a scenario using a fiscal tax year which allows a partnership to defer taxes that meet the requirements of Sections 706 and 444 of the IRC. Suggest at least one
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The various documents which are required to be produced for registration as a sole proprietor includes a signed declaration on an official letter head stating the bank details held for the business‚ PAN card‚ bank statements for the bank account registered in the Flipkart payment gateway‚ telephone or electricity bill in the name of the proprietorship firm or any other address proof signed by a recognized public authority. Private Limited
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