Restaurant Start-Up Profile This report is a combined effort by the Illinois Institute for Rural Affairs and the Illinois Department of Commerce and Economic Opportunity. IIRA‚ through a contract with Katherine J. Henning‚ compiled the material and conducted the analysis. DCEO printed and distributed the document. Layout by Nancy Baird‚ Illinois Institute for Rural Affairs. Published by the Illinois Department of Commerce and Economic Opportunity 620 East Adams Springfield‚ IL 62701
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Assignment 2 Basic Accounting Concepts and Business Structures Basic Accounting Concepts and Business Structures Before the Great Depression and the crash of the stock market‚ there were no groups governing the accounting world‚ nor had any principles been put into place. Because of this‚ various groups and GAAP had to be formed to ensure that quality financial reporting was exhibited. There are still discrepancies in accounting but with the hierarchy
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How to open a LaRosa’s In this report I will be talking about how to open a LaRosa’s pizza restaurant. There are many requirements that you have to fulfill and 8 steps to open a franchise with them. There are five reasons why you should franchise with LaRosa’s. They have dependable growth‚ good food‚ dedicated fans‚ a desire to improve the guests experience and superior training. Some of the things they are looking for in a franchise owner are: • Someone with any of the following: 1) a minimum
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A partnership advantages are: ease of formation; pass-thru treatment for tax purposes; and flexibility of ownership and allocations. The primary disadvantage is the lack of liability protection; its transparent entity is not subject to income tax. The income of a partnership is taxed on the personal returns of the partners‚ regardless of whether the income is distributed or retained within the entity. A Subchapter S Corporation
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some degree. The considerations that should be in the forefront are not the sale of ownership interests to the public‚ or venture capital financing--these things come later (hopefully!). Instead‚ the initial focus should be on: the tax and tort liability issues‚ cost
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and‚ therefore‚ the company should be estopped from denying genuineness of the document. But it was held that the rule has never been extended to cover such a complete forgery. Lord LOREBURN said: “It is quite true that persons dealing with limited liability companies are not bound to inquire into their indoor management and will not be affected by irregularities of which they have no notice. But this doctrine‚ which is well established‚ applies to irregularities which otherwise might affect a genuine
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collectors and gift buyers. Because replicas only stands small portion of the company’s business‚ the company is now using its most focus on selling authentic artifacts to the collectors. III. Organizational Analysis Fe’nix del Sur is a limited liability company that supplies a various selection of South American and African artifacts for artifacts collectors; it is also a source of Southwestern Indian authentic jewelry and pottery. The company has strong reputation for being the most respected
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Star and extended star topologies The star topology is the most commonly used physical technology in Ethernets LANS‚ when installed ‚ the star topology resembles spokes I n a bicycle wheel. The star topology is made up of a central connection point that is a device such as a hub‚ switch‚ or router‚ where all the cabling segments meet. Each host in the network is connected to the central devices (switches) with its own cables (we are using Fiber Optic Cable) although a physical star topology costs
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acts committed periodically over the past centuries. He provides examples of companies such as the South Sea company and the railways in the United States and Great Britain. Businesses which were pilots in the creation of companies that had limited liabilities and produced restrictions that were both desirable and needed for the corporation. Bakan also uses the beginning of the book to present the US Supreme Courts decision to give the corporation the same rights as an individual would receive. This
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In regards to acquisitions‚ it is important to distinguish between mergers and acquisitions. In a merger‚ two companies come together and create a new entity. In an acquisition‚ one company buys another one and manages it consistent with the acquirer’s needs. An acquisition that involves integration has greater staffing implications than one that involves separation (Rizvi‚ 2008). A combining of companies is a major change. Mergers and acquisitions represent the end of the gamut of options companies
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