a corporate form of business is that a corporation is a stand-alone entity‚ which means you are not personally liable for the assets and debts of the business. Incorporating protects your personal assets from lawsuits‚ debt collection and other business issues that can arise. The stand-alone entity also separates tax liabilities‚ which is another advantage. This means that the corporation’s taxes are separate from your personal tax liabilities. As a business owner‚ you are responsible
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An and Antonio C. Goquiolay formed a commercial partnership in Davao‚ having capital contribution of 40% and 60%‚ respectively. The business of the partnership is to engage in the buying‚ resale and lease of real estates for subdivision. Among the conditions agreed upon in the partnership agreement that are material in this case are: (1) Tan Sin An would be the exclusive managing partner and (2) in the event of the death of any partner‚ the partnership would continue‚ the deceased to be represented
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proprietorship‚ partnership of some sort‚ a corporation of some sort‚ as an LLC‚ and even a joint venture. She has come to me asking of my input on what I think about her possible start up of this new company. Betty thought about operating her company as a franchise. According to Merriam Webster (2012)‚ “a franchise is when a business grants the right or license to an individual or group to market‚ sale or distribute that company’s goods or services in a particular territory”. A partnership is identified
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How does partnership working benefit children and young people with disabilities? Partnership working can be described as “A relationship between individuals or groups that is characterized by mutual cooperation and responsibility‚ as for the achievement of a specified goal” Author unknown‚ (2016). I have chosen to look at this topic as i am interested in ways of how partnership working can benefit children and young people with disabilities. When professionals work in partnership it may help
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(Rs. 200 stamp paper) PARTNERSHIP DEED THIS DEED OF PARTNERSHIP IS MADE on this 12th day of January‚ 2008 by and between Mr. A S/o C R/o XYZ hereinafter referred to as Party of the FIRST PART (which expression shall deem and include his heirs‚ executors‚ administrators‚ representatives‚ assigns and agents)‚ AND Ms. B D/o D R/o XYZ‚ Party of the SECOND PART (which expression shall deem and include his heirs‚ executors‚ administrators‚ representatives
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Week 3 Discussion 1 Partnership Entity * Determine the key factors to be considered when deciding on forming a partnership. Factors to be considered when deciding on forming a partnership are: what type of business‚ type of company (DBA‚ LLC‚ LLP‚ Partnership‚ Sole prop)‚ what kind of products‚ cost of starting‚ financing‚ Investors‚ taxes‚ your location‚ your market region‚ what’s your market clientele. Some other personal factors may include having common interests or concerns‚ understanding
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Professional Liability There have been many changes in how healthcare is delivered today as opposed to how it was delivered decades ago when our parents were young. Many years ago there was a close relationship between a doctor‚ patient‚ and pharmacist. There was a considerable amount of trust given to the healthcare professional. They took the time and patience to make sure that their patient received the highest quality of care. Today‚ the healthcare industry is not as personable
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ARTICLES OF PARTNERSHIP OF TONCLINTX PASTRY PRODUCT And T-SHIRT PRINTING SERVICES Know all men by these presents: That we‚ all of whom are citizens and residents of the Philippines and of legal age‚ do hereby voluntarily associate ourselves to form a general partnership in accordance with the laws of the Philippines‚ and we hereby certify: ARTICLE I That the name of our general partnership shall be TONCLINTX PASTRY PRODUCT and T-SHIRT PRINTING SERVICES.
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environment. Positive parent-teacher partnerships assist young children with the transition from home and promote healthy growth and development. Even though actively reaching out to parents requires time‚ patience‚ and energy‚ teachers benefit by understanding children’s home environments. If the partnership between parents‚ staff and child is going well‚ each need to be able to trust and respect the other. The self-esteem and well-being of the people in the partnership are important when they are working
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PAULA L. PERALTA PRECIS#1: The Ever Changing Role of Marketing in the Corporation Some people believe that just by being in business they will get clients or customer. They ascribe to the theory that “if they build it they will come”. It rarely happens that way. If you don’t let people know about your business‚ not only do you lose but so do they. This is where marketing comes in. Tracing back the history of marketing it is evident that managerial implication has only started in the
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