310.1.2: Organizational Forms Task A SOLE PROPRIETORSHIP: This is the most common form of business as it is owned by one person‚ so there is no distinction between the business and the owner. Liability – Because there is no distinction between the business and the owner‚ all liability falls on the owner/sole proprietor. If the business fails‚ both personal and business worth and assets are at risk as they are the same. Income Taxes – Filing for income taxes are an advantage as the owner
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Financial Analysis Task One A 1a Horizontal analysis is when an individual looks at the income statement of a company and compares one year to the other to see what kind of percentage it has increased or decreased within the different departments in a company for any given time period. When looking at Competition Bikes (CB) and performing a horizontal analysis‚ we would take a look at first year 6 and year 7. Between year 6 and 7 there was an increased net sales of 33.3%. This means that from
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HAT Task 1 Community Health Assessment Of Collin County‚ Texas by Gary Goodman A healthy community provides for the health of both the individual and community throughout all stages of life. The information covered within regards the community of Collin County‚ Texas involving a plethora of sources that include the U.S. Census Bureau‚ U.S. County Health Rankings‚ interviews and correspondence with key county individuals‚ personal report
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Corporate Social Responsibility task 3 Using my research and the information I have gathered on my 3 business‚ the John Lewis partnership‚ McDonalds and ASDA‚ I am now going to evaluate the effect these businesses have on their local community and decide how they benefit and impact the community. John Lewis Partnership The John Lewis Partnership is probably the business that has the best impact over all as it focusses on promoting what it has done to increase its CSR. One thing it has done is
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Running head: Mama’s Bakery Mama’s Bakery Oneida Berrios Western Governor’s University Mama’s Bakery Mama’s Bakery is a home based bakery that began in 2013. The owner creates cakes‚ cookies‚ cupcakes‚ and Hispanic pastries. The patrons that frequent her services are churches‚ fundraisers and others that come to her home. Her business started as a hobby and a means for the baker to get out of the house. After going through an eight week session of cake decorating‚ she realized
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LIT1 Task 310.1.2-01-06 Part A Sole Proprietorship: A sole proprietorship is owned by only one person. All profits and losses are the responsibility of the owner only. Liability – There is unlimited liability in a sole proprietorship. The owner is solely responsible for any debts that may occur. Income Taxes – The business files taxes as one single unit. Because profits are not shared‚ they are considered personal income to the sole proprietor. Longevity/Continuity – In a sole proprietorship
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CYP 3.1 Understand child and young people’s development Task 1 – CYP 3.1 1.2 Write down your understanding of the following in the table. Term Meaning 1. Aspects of child development There are 5 key aspects of child development:- Physical – gross and fine motor skills. Intellectual – learning the skills of understanding‚ memory and concentration. Language - learning to communicate with friends‚ family and all others. Emotional - the development of a child’s
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CYP 3.3 6.1 It is important to support children’s self-confidence and self-esteem because children who are assertive‚ self-confident‚ self-aware and have high self-esteem are less likely to be venerable to abuse. In my setting I make sure that every time a child achieves something I give them lots of praise. I tell the children all the time how clever they are whether it is because they have drawn a picture or used a cup for the first time. In my room they children are 0-1 so often I will
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Typically businesses start up with a primary goal of earning revenue – to have the company profits exceed the cost of doing business. Small‚ local businesses are particularly susceptible to losing customers to large‚ corporate companies who often force these smaller companies out of business. Does this goal to make money and/or the susceptibility of being put out of business by a larger company excuse a small‚ local grocery store from filling its social responsibility? No‚ quite the contrary. It
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Advantages and Disadvantages of Entering Online Retail Introduction • • • This research business report was compiled at the request of Management to review the advantages and disadvantages of entering the online retail business. How many times have you remembered you needed an item‚ but the store was closed? The web offers a place where consumers can locate the best price and deal (Shannon‚ K.‚ 2010). Impact of Online Sales to the Company • • • Online retail
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