Project Heather Stowe AIU Online Abstract This paper is about an inventor who is trying to start up their own business but does not have the financial stability nor the management skills to keep the business afloat. They also need to decide which type of ownership will best fit their business: Sole Proprietorship‚ Partnership or Corporation. Unit 1: Individual Project Becoming a successful inventor is no easy task. It takes hard work coming up with and designing the product one wishes to sell
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Business Structure Advice Adriana Tovar FIN/571 December 15‚ 2014 Professor David Gobeli Dear John Owner‚ In response to your request for business structure advice‚ I believe you will find the following information extremely helpful to lead you to your decision. First‚ you must know which your business structure options are‚ these include: sole proprietorship‚ partnership and corporation. A partnership could be general or limited and a corporation could be a general or a subchapter
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called a: A. corporation. B. sole proprietorship. C. general partnership. D. limited partnership. E. limited liability company. 5. A business formed by two or more individuals who each have unlimited liability for all of the firm’s business debts is called a: A. corporation. B. sole proprietorship. C. general partnership. D. limited partnership. E. limited liability company. 6. A business partner whose potential financial loss in the partnership will not exceed his or her investment in that
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business name i have chosen is tapcomp. John has established his own mobile computer and software business. It all started 18 years ago and it started from scratch. It began because he was an employee of a similar business and decided to start his own company‚ taking control of all decisions related to the business key functions‚ management‚ operation‚ human resource management and accounting. John is an Sole trader with an unincorporated entity and unlimited liability. Like any other sole trader‚ John
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1 Independent Study Proposal นายจิรโสภณ ภาษีผล 50731710 ชื่อนิสิต……………………………….……… รหัสประจําตัว ………………..……………… ปริญญาโท สาขาบริหารธุรกิจภาคค่ํา 15 กรกฎาคม 2552 เสนอตอโครงการ………………………….………………… วันที่ …………………..……… โท การจัดการ ระดับปริญญา………….………………….…. สาขา ……………………………………....…. 2 2552 ภาคการศึกษา………….…………………….. ปการศึกษา………..…….……..……………… หัวขอเรื่อง(ภาษาไทย) ปจจัยสําคัญทีมีอิทธิพลตอการเลือกใชปูนซีเมนตสําเร็จรูป (ปูนมอรตาร) ่ ของธุรกิจกอสราง (ภาษาอังกฤษ) Significant factors influencing
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when the business is sold‚ the price is reduced due to the sell of assets. (Parrino‚ Kidwell‚ & Bates‚ 2012) Partnership Partnerships account for approximately 10% of all business in the United States. (Parrino‚ Kidwell‚ & Bates‚ 2012) There are two types of partnerships‚ general and limited. (Parrino‚ Kidwell‚ & Bates‚ 2012) While a general partnership offers the similar advantages to that of a
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of the corporate form of organization is that it avoids double taxation. One of the advantages of a corporation from a social standpoint is that every stockholder has equal voting rights‚ i.e.‚ “one person‚ one vote.” Corporations of all types are subject to the corporate income tax. Instructor Explanation: Explanation: Ch 1: a is correct‚ all others are incorrect a: True b: false- corporate shares provide
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TRUE-FALSE QUESTIONS 1. In a criminal trial‚ the defendant must be proven guilty by a preponderance of the evidence or beyond a reasonable doubt? True 2. A preliminary hearing requires the prosecutor to present probable cause that the defendant committed the crime or requires that bond be set? 3. A misdemeanor or felony is a crime punishable by a fine or a jail sentence of less than one year? 4. Evidence illegally obtained by the police in violation of the Fourth Amendment will be excluded from
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SOLE PROPRIETORSHIP: This is a type of business with one owner. The business may not even need to be registered with the state as long as they are “doing business” as themselves. It is a very easy to start up a sole proprietorship‚ and more often than not it does not require a great deal of money. Another advantage is that the profits go straight to the sole proprietor who doesn’t need to worry about sharing or dealing with another individual or entity on the day to day operations as well as
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determine policies and also the decision making‚ assume expenses‚ receive profits‚ and bear all losses. You make my own rules and responsible to meet all duties and obligations of running the business. Sole proprietorship is the oldest and most common type of business firm in the United States. Most are small and account for only 7% of all business receipts. More common and known as sole proprietors are car repair shops‚ small grocery stores‚ barber shops and also some small farms. Also insurance is
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