Jessica Phan Prof. M. Leath English 1301.115 March 22‚ 2014 Essay 2 Limited Liability Company (LLC) and Partnership “To succeed in business‚ to reach the top‚ an individual must know all it is possible to know about that business” (Getty). The first time starting a business is exciting and also a challenge. A person should learn everything about their customers‚ the market and their competitors. Besides‚ the most important thing for a businessman to succeed is understand about what business
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To Form an LLC or Not A limited liability company (LLC) is one of many ways to formally structure a business. The best way to describe an LLC would be as a cross between a sole proprietorship/general partnership and a corporation. “The "LLC" has only been in existence for roughly 26 years and there are some definite pros and cons” (Chapo‚ 2007). Advantages of LLCs There are many benefits to forming an LLC. They are easier and less expensive to start than other forms of business‚ but not every
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Crayola LLC 1100 Church Lane Easton‚ PA 18044-0431 Phone: (610) 253-6271 Fax: (610) 250-5768 www.crayola.com Parent Company Crayola became a wholly-owned subsidiary of Hallmark Cards‚ Inc. in 1984. Subsidiaries Crayola’s subsidiaries include Portfolio Series and Silly Putty. Binney and Smith acquired the rights to Silly Putty in 1977. Mission Statement Crayola does not have a formal mission statement. This is probably due to the fact that they are a subsidiary of Hallmark Cards‚ Inc
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Customer Information: High risk review for Jaus International LLC. The client is HIGH based on CIB scoring factors. Jaus International LLC is owned by Zohurul Hoque and Didarul Hayashizaki. This entity operates two gas stations/grocery stores in Oklahoma City. There have been no SAM investigations and no SARs filed. Relationship Review: Jaus International LLC has been a BOKF customer since 2015 with the following accounts to support the two store operations: 311798184 - Operating account (7410
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Glory LLC‚ is a limited liability company. According to Business Dictionary‚ A limited liability company (LLC) is a corporate structure whereby the members of the company cannot be held personally liable for the company’s debts or liabilities. Limited Liability companies are essentially hybrid entities that combine the characteristics of a corporation and a partnership or sole proprietorship (Business Dictionary‚ n.d.). Crowning Glory LLC was founded in September 2016. Crowning Glory LLC is not
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BW Construction LLC is at your service. As an established resource for a highly experienced heating and cooling contractor‚ we proudly serve the Greater Warrensville Heights area with fast‚ friendly‚ and affordable service. As part of our unwavering commitment to exceeding customer expectations‚ we utilize high quality materials and tools on every job. When you work with us‚ you can rest assured that we provide: Clean work spaces before leaving the premises
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LEARNING FROM CORPORATE MISTAKES: THE RISE AND FALL OF IRIDIUM Sydney Finkelstein Shade H. Sanford EXECUTIVE SUMMARY In mid-1998‚ Iridium was one of the darlings of Wall Street having more than tripled in stock price in less than a year. Armed with expertise and over 1‚000 patents‚ the company seemed poised to capture first-mover advantage in providing global telephony via a network of low-Earth-orbiting satellites. Additionally‚ Iridium appeared to have identified an attractive target segment
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Smart Card LLC – Case Study Overview of the SmartCard LLC Case SmartCard LLC is a company that possesses expertise smart cards as well as magnetic strip technology. SmartCard LLC intends to develop applications and solutions to address the rapidly growing demand for marketing frequency or loyalty programs. SmartCard LLC asserts that as competition increases in the retail sector and other industries that companies will be searching for new ways to understand their customers and techniques to
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I. Background/Issues and Concern Rosemary Worth was talking about the consequences of a theft that had recently occurred at the business she owned‚ Private Fitness‚ LLC. Private Fitness is a small health club located in Rancho Palos Verdes‚ California‚ an upscale community located in the Los Angeles Area. As manager of the business‚ Rosemary hired Kate Hoffman‚ one of the instructors and a long-time friend. Kate’s primary tasks included marketing‚ facility upkeep‚ scheduling of appointments‚
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The Segway‚ though a breakthrough and innovative product‚ fails to live up to its pre-debut hype and revolutionize they way people get around due to several key reasons‚ some of which are discussed in further detail below. Leadership: It’s evident from the very beginning that Segway’s top executives including Tim Adams‚ CEO and Mike Ferry‚ VP of Marketing were not qualified to be leading a company with so much potential and growth opportunities. Dean Kamen also fails to realize that his executives
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