Proprietorship caries a large amount of liability because your personal credit can be affected if business fails. INCOME TAXES – As a sole proprietorship you only file one income tax for yourself and your business combined. LONGEVITY/CONTINUITY – A Sole proprietorship can grow as fast or as slow as the owner chooses. CONTROL – Sole proprietor has complete control over every aspect of the business. The sole proprietorship can grow at fast or slow as the sole proprietor chooses. PROFIT RETENTION
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treating patients. An original record is created after each treatment for the primary record and a copy can be made for the shadow chart only for convenience in providing care. Original records are not to be kept in shadow charts. Shadow charts should only contain copies of the original records. This is to ensure that all original documentation is always placed in the main chart. The purpose for this is to have the most up to date documentation in the main chart at all times and not in an ancillary
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QRT 2 - Task 2 Date In the times that we live in‚ and the times we are heading towards‚ e-commerce is an ever growing and ever important way to help a company reach its potential. Making items available online provides an incredibly convenient way for customers to browse a store’s inventory from anywhere in the world. Not only for current customers‚ but even more importantly‚ for people who may not have the ability to visit a physical store. The reasons can be plentiful that
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1. In the budget of a country ‚ some think that the large part of money should be invested in health education and preventative measures instead of spending on treatment. In my point of view ‚ although developing health education and preventative measures are effective to improving the health of citizens ‚ there are still many people who have severe diseases who need special treatment. So allocating a small amount of money to do some early protection seems a proper way rather than there is little
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wu‚ Dieter Handel‚ Distribution Pattern Alistair Wu has requested that I look at what the lowest shipping schedule and cost can be based on data that he has provided. He wants to know what the lowest possible cost of shipping will can be. Mr. Wu is also considering increasing production at the Shanghai factory from 1‚300 to 2‚800 units‚ and wants to ensure that this growth will be an affordable choice. The first chart that was given lists the factory capacity and what each warehouse demand is
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This Change Request would fund the labor‚ travel‚ and KISS user days for a factory technician from Rubb Building Systems to assist with the on-site construction of the Summit Mobile Garage as a quality assurance measure to facilitate timely and proper assembly of the structure. Specifically‚ upon arrival at Summit Station the Rubb technician will assess the status of the erection‚ which will already be in-progress‚ and work with the CPS Foreman in addressing questions or clarifications‚ identifying
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JFT2 Task 1 August 2‚ 2015 A1: One Theory of Motivation for Bill Bailey William “Bill” Bailey is chairman of the board for the opera. Bailey is in a position of power to influence others (mainly the Board of Directors) to either support or oppose the merger. While there are multiple theories that could be used‚ I believe that the best is Vroom’s Expectancy theory. This theory “holds that people are motivated to behave in ways that produce desired combinations of expected outcomes.” (Kinicki
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Vice President It would be in Competition Bikes‚ Inc.’s best interest to change from a traditional costing system to an activity-based costing system. In this summary you will find information as to why this change is important as it will highlight the differences between traditional based costing and activity based costing systems. This summary will also give you further findings on Competition Bikes‚ Inc. breakeven point when evaluating the sales units and the sales dollars and also the influence
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What are some of the challenges that the environment faces today? Explain the ethical considerations for environmental protection. Throughout the world there are various types of pollution that interfere with the quality of life for all living creatures and with the natural functioning of the earth ’s ecological systems (Pollutionissues n.d.). Although some environmental pollution is a result of natural causes‚ most pollution is caused by human activities (Pollutionissues n.d.). With time goes by
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in their organization. Monopoly may lead to consumers being exploited (higher prices) and consumers paying way too much for a product. Antitrust laws are federal and state government laws that regulate the conduct and organization or businesses. This helps promote fair competition for consumers. There are four main areas involving the antitrust laws that include agreements between competitors‚ contractual agreements between sellers and buyers‚ the restriction and maintenance of monopoly‚ and mergers
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