Abstract Research and Recommendation on CTC’s Choice of Entity type Case Review Our client‚ CTC‚ design and manufacture cookware that remains cool to the touch when in use. The company originally has three investors‚ Dawn‚ Linda and Mike with different contribution. Dawn is single with no other jobs‚ will contribute land and cash with 30% ownership interest. Linda is married‚ will contribute services with 30% interest. Mike will contribute cash and 40% ownership and he will not involve in the
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Introduction A. The Problem: Higher tax rate with the wrong entity The Method Used Entities Comparison A. Sole Proprietor Advantages Disadvantages Sub-Chapter S Corporation 1. Advantages 2. Disadvantages Limited Liability Company 1. Advantages 2. Disadvantages Conclusion: All Business Owner Have Their Unique Findings for their Right Entity * * * * * * * * * * Executive Summary When starting a
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Assignment#1: To Build or to Buy by Professor; Business 402-Small Business Management 01/29/2013 Assignment # 1: To Build or Buy Craft a brief strategy for a business concept that would directly compete with the small business you selected. Explain the rationale for the strategy in detail. The Business strategy which I would use would be to purchase an existing Bagel and Tea shop located in the heart of Rockville
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efficiency. It must be correctly designed and adjusted to the environment of the business. In order for the company to achieve its purposes and respond to the constant changes in trends and demands‚ a more flexible structure is more suitable. * Hierarchy – a main characteristic of Business Structure It shows the levels of an organization and how the people are related to each other. In some companies there are many levels of management and high contrasts in authority. These are vertical structures which
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FDI. FIVE GUYS. WHICH NATION IS THE HOME COUNTRY? USA HOST COUNTRY? KUWAIT FRANCHISEE. FIVE GUYS (CORP STRUCTURE OF FIVE GUYS) LAWS IN US. THAT APPLY IN US. Five Guys Holdings‚ LLC is a privately-held company which does business as Five Guys Burgers and Fries chain of fast-casual restaurants. Founded in 1986 by Janie and Jerry Murrell and their five sons‚ Five Guys Holdings is headquartered in Lorton‚ Virginia. The Five Guys Burgers and Fries chain offers burgers‚ fries‚ and hot dogs as well
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brother out of the company and renamed it to the ‘Domino’s’ that we know today. Domino’s is now one of the largest pizza franchises in the world with 9‚350 stores in over 70 countries. It employs 175‚000 people worldwide and delivers over a million pizzas per day. Tom developed his company using franchising‚ allowing people to set up their own Domino’s pizza shops‚ in doing so he eventually made over 1 billion dollars before retiring in 1998. Domino’s is a LLC (limited liability company)‚ merging the
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the shop‚ Roz and Sara are a. independent contractors. b. not Trina’s agents or employees‚ or independent contractors. c. Trina’s agents and employees. d. Trina’s employees only. 3. Refer to Fact Pattern 17-1. Trina hires Unity Cleaning Company to clean the carpets of her shop. Trina gives Unity instructions as to what needs to be cleaned and when. Unity is a. an independent contractor. b. not Trina’s agent or employee‚ or an independent contractor. c. Trina’s agent and employee.
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is being formed as a private company offering services to student pilots. Southern Indiana Aviation will offer well-maintained aircraft for individual rental and for flight training. Southern Indiana Aviation will also provide primary and advanced flight instruction through the use of independent flight instructors possessing corporate backgrounds. The Company Southern Indiana Aviation‚ LLC has been created and legally organized as an Indiana Limited Liability Company based in Rockport‚ Indiana
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18‚ 2013 Professor Natalie Brown Business Organization and ADR When starting a business as an entrepreneur involves the process of decision-making of several or one specific entity to assist with determining which type to form “such as‚” general‚ limited‚ cooperative‚ joint partnership‚ a franchise‚ or sole proprietorship. However‚ determining the type of business to create requires implementing the significant elements of an alternative dispute resolution programs “in order‚” to find equitable solutions
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available to shareholders to help ensure that managers are motivated to act this way? Problem 13 You are the CEO of a company and you are considering entering into an agreement to have your company buy another company. You think the price might be too high‚ but you will be the CEO of the combined‚ much larger company. You know that when the company gets bigger‚ your pay and prestige will increase. What is the nature of the agency conflict here and how is it related to ethical considerations
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