Company‚ corporation. Each of these forms of business ownership has many advantages and disadvantages. Sole proprietorship is a type of business that is run by an individual and is not registered with the state like a limited liability company (LLC) or corporation. The advantages of sole proprietorship are that it is easy to organize‚ very flexible since the owner is the boss of the business establishment and receives all of the profits. Although owning such a business is definitely not a light
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André Lopes nº10265 International Management – 4th Case Study Summary – Fiji Water and Corporate Social Responsibility: Green Makeover or”Greenwashing”? 1. Introducing the Case The case traces the establishment and subsequent operation of FIJI Water LLC and its bottling subsidiary‚ Natural Waters of Viti Limited‚ the first company in Fiji extracting‚ bottling and marketing‚ both domestically and internationally‚ artesian water coming from a untouched ecosystem in the main of Fiji Islands. It takes
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again the most significant and crucial aspect is to decide the category of business you want to start and its model. When starting up a new business‚ an individual has the opportunity of starting a sole proprietorship‚ partnership‚ corporation‚ or LLC (Limited Liability Company). A sole proprietorship is a company that is run by a sole owner. The sole proprietor is the sole possessor of the business and is the only individual who manages the company. The sole proprietor is in authority of giving
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* Lowering of self-employment and FICA taxes * Flexibility of special allocations * Adding new owners b) My recommendation for forming CCS is LLC. I chose LLC because the organizing business members may reduce their individual tax liabilities by operating as a LLC. CCS should be concerned about FICA and self-employment taxes. LLCs must pay self-employment taxes. As the business grows past 3-4 years‚ I recommend CCS to look at the possibility of switching to and S Corporation. At this
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Itt 255 IT255 Instructor Lab Manual LABORATORY Instructor Lab Manual IT255 Fundamentals of Information Systems Security Copyright © 2012 Jones & Bartlett Learning‚ LLC www.jblearning.com All Rights Reserved. Current Version Date: 12/06/2010 -1- IT255 Instructor Lab Manual LABORATORY ISS Curriculum Overview............................................................................................................................. 5 Ethics and Code of Conduct......
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Impacts from Space and Mass Extinction Events A. Understand the concept of a biosphere and Earth System Science and that the biosphere has evolved over time. -Mass extinction: a crisis that affects life right across the planet from the deepest oceans to the highest mountains -Biosphere: all life on Earth is a part of the biosphere‚ a thin layer of life that exists on the surface of the planet and that interacts with the hydrosphere (oceans‚ lakes‚ and rivers)‚ the atmosphere‚ and the lithosphere
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The state of Ohio employs five different categories of sexual assault in which to prosecute offenders: gross sexual imposition‚ rape‚ sexual battery‚ sexual imposition‚ and unlawful sexual conduct with a minor. The attorneys of Kircher Law Office‚ LLC‚ are dedicated to getting justice for clients throughout the Mason‚ Ohio‚ area; their team provides quality legal counsel for victims of any type of sexual
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House minority whip Unit 2‚ Lesson 2 House majority leader Unit 2‚ Lesson 2 vice president Unit 2‚ Lesson 3 senator Unit 2‚ Lesson 3 president Unit 2‚ Lesson 8 citizen Unit 2‚ Lesson 11 © 2011 Connections Education LLC. All rights reserved. Unit 2‚ Lesson 11 lobbyist For each person you selected: • Conduct research to identify the man or woman currently serving in the role. Refer to the Research Paper and Essays: Formatting and Citing Sources document
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The sole proprietorship‚ the partnership‚ the corporation‚ and the LLC/LLP are the four basic practices in which for-profit businesses can be organized. Practices have associated advantages‚ disadvantages‚ and tax consequences. A sole proprietorship is the most stress-free and low-cost business stricter of the three
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Business Entities‚ Laws‚ and Regulations Paper BUS/415 March 5‚ 2012 Beth Shankle-Anderson There are different scenarios with three different forms of entities that require taking control‚ taxation‚ and possible liability issues into account. These considerations will not only serve to ensure compliance is met but also so that each establishment is protected. In the first scenario Lou and Jose plan to open a restaurant/sports bar‚ the issue is that they have not accumulated of the money‚
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