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  • Partner's Capital Account In The Partnership
    3,165 words
    TABLE OF CONTENTS TITLE PAGE... 2 EXECUTIVE SUMMARY... 3 BUSINESS OWNERSHIP... 3 FINANCING... 4 MARKETING... 5 CONCLUSIONS / RECCOMENDAITONS... 10 BIBLIOGRAPHY... 11 APENCICESAPPENDIX I... 12 APPENDIX II... 18 APPENDIX. .. 23 APPENDIX IV... 27 APPENDIX V... 28 Proposal for:" GREENACRES REALTY " Compiled by BALENTINE SOLUTIONS. 01/03/05 The purpose of this proposal is to provide in depth information, research and knowledge of several different approaches that can be taken into account when decidi...
  • Tax Distinctions Between The Owner And Business
    1,974 words
    Introduction There are many types of organisational structure a business may decide to adopt. This assignment will examine the four main different business structures and present the advantages and disadvantages of each one. The business structures that I will be examining are as follows: The Sole Trader The partnership The Private Limited Company (LTD) The Public Limited Company (PLC) Sole trader A sole trader is an organisation, which is owned by one person. The assets and liabilities of the o...
  • Hopkins's Partnership To The Company
    706 words
    Ann Hopkins Adianice Correa November 4, 2002 Ann Hopkins When an individual is qualified for a particular position in business, it is readily assumed by most people that this individual should be equally considered as other candidates, for the position in question. The most acceptable reason for Ann Hopkins to be made partner has to do with her credentials and experience. Price Waterhouse's Office of Government Services in Washington, D.C. had honored Hopkins for her "outstanding performance", a...
  • My Business As A Private Limited Company
    743 words
    The type of Business Organisation This is important in order to know how many people are involved in the business (e.g. sole trader one person). Sole Trader A sole trader is an individual who owns the business. e.g. Hairdresser Sole traders are risk takers and moneymakers. The advantages of being a sole trader are that you can make decisions quickly as there is no one else that needs to be consulted, the owner gets to keep all rewards and profit, flexible working hours, they are their own boss, ...
  • Limited Company These Businesses
    548 words
    1. SOLE TRADER Single person owns the business Because of their size, generally most of them work on their own however they can also employ people. It is easy to set up as there is no legal documents required They all have 'unlimited liability' which means that they have to sell their own possessions in order to meet business debts if the business goes bankrupt. Entitlement to all the profits They have all the responsibilities They have the full control over the business It is hard to raise mone...
  • Partnership With Foreign Partners
    1,111 words
    The researchers agreed in binding themselves on the agreement of partnership As to the creation partnership is voluntary agreement and mutual consent of the partner As to life or duration, there is no time limit it is dependent upon the agreement of the partners As to liabilities general partners including industrial partners, are liable for partnership net contractual liabilities up to the extent of their personal assets. Limited partners are liable only to the extent of their contributions. As...
  • Ceo Partner
    557 words
    Forming a partnership can be positive for a business. Acting as partners allows individuals to share finances, creative ideas, workload, and facilities. The question is, is having a partnership a bad idea? There is a lot of legality to a partnership, and if it is not written up carefully and agreed upon, then it can create an opportunity for conflict. Unfortunately, precise-sounding legal language can conceal serious disagreements if the partners haven't discussed their arrangements in sufficien...

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