Double Taxation Double Taxation: Depending on what special rights and restrictions are attached to the shares‚ and how the profits of the corporation are paid out to the shareholders‚ there is the possibility of double taxation: the corporation must pay taxes on its profits and the shareholder may be subject to taxation on the profits paid out. This can result in greater taxation than if a corporation was not used for the business. C corporations pay taxes on profits when corporate income is distributed
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The Advantages of Joint Ventures * Provide companies with the opportunity to gain new capacity and expertise * Allow companies to enter related businesses or new geographic markets or gain new technological knowledge * access to greater resources‚ including specialized staff and technology * sharing of risks with a venture partner * Joint ventures can be flexible. For example‚ a joint venture can have a limited life span and only cover part of what you do‚ thus limiting both your commitment
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wages and better working conditions for their members. * Employer Associations: The same a trade unions but for the employers‚ representing the interests of employers in specific industries. * Local/national communities: The actions of businesses can have dramatic effects on communities. E.g. on the 16th of January 2008‚ Total was required to compensate all of the victims of the pollution caused by the sinking of the ship Erika. They are required to compensate the victims in the amount of
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long been recognized (Kayanula and Quartey‚ 2000). These small scale businesses can serve as engines through which the economic growth and employment objectives of developing countries can be achieved. However‚ for many years these rural enterprises have failed to grow beyond their micro enterprise nature and sometimes at best their small or medium size (Kayanula and Quartey‚ 2000). It is believed that private small scale businesses have significant and positive contribution to the growth and development
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different types of small business different types of small business Legal Status The simplest legal forms for small businesses are sole proprietorships and partnerships. Neither is required to be registered with the state and taxes are managed on the owner’s or partners’ personal tax forms. These forms are best when there is little capital property or likelihood of being sued. A corporation is the opposite end of the spectrum‚ requiring registration with state and local authorities‚ separate
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many benefits‚ especially wages. This could not only increase the cost of product‚ but also decrease company’s profit. According to Gaebler Ventures (2010)‚ it claimed that labour cost is one of the highest expenditures of company‚ particularly new businesses. Bloomberg (2010) pointed out that an increase in labour cost can slow down the organizational growth. If the company provides workers too high wages but does not increase working hours‚ the product cost will rise and the company itself will gain
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BUSINESS TO CHINA’S CONTINUED GROWTH China has grown rapidly in recent times with huge increases in GDP‚ a growth rate of 10.4%. This compared to the UK’s 1.4% shows the enormous difference between the two countries and the size of their growth. Businesses based in this country are now competing with other multinationals to be world leaders in many sectors. A multinational company is an enterprise operating in several countries but still only managed from one country. China has seen rapid industrialisation
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environmental destruction and availability of the already limited resources. These changes have turned globalization in to a major problem‚ due to its policies and society processes. Through this essay it will be shared knowledge and facts about the disadvantages of these global trade‚ and its costs if is not regulated. As a matter of fact‚ globalization is not an inevitable process and there are risks and costs such as inequality‚ which has been linked to rising unbalances in income and outcomes. Evidence
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[pic] Why Do Businesses Fail? Analyze the reasons and provide a case study of one or more companies that have failed or suffered serious setbacks before they recovered. Name: YAN Hong ID number: 100004456 Tutor: Mrs. Dawn Cremonese It is well known that the financial crisis which started in 2008 is a worldwide recession. Even the Lehman Brothers Holdings‚ which was a global firm with a high reputation‚ went bankrupt on September 15th‚ 2008. Lehman Brothers Holdings failed because it was unable
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family-owned businesses go bankrupt or get pushed out by franchises. Gentrification is about buying property and making it bigger to get higher income. It’s the renovation of business‚ houses and markets that wealthy people can afford. Wealthy communities are the ones taking over the middle class property and making them relocated and making them find something they can afford. Although gentrification its does not always have to be a bad thing everything always have its advantages and disadvantages and people
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