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Theories of business growth strategies
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The other two LLC members are my closest friends, Felicia and Pam. Felicia is my best friend. She and I met almost 20 years ago, both working part-time in the evenings at a bank decoding checks. Felicia is truly devoted and has demonstrated as much by visiting me in every country and state I’ve been stationed while serving in the military, with the exception of two. She has a background working with grants at a university and is fully aware that she can talk a lot. Felicia will be most useful in managing the business, in the sense of working with healthcare insurance companies and government agencies on contracts and negotiations. Pam is another good girlfriend, whom I met while stationed in Germany in 2002. She has a Master’s degree
in Human Resource Management and will be valuable in managing the clients and the caregivers. Pam will oversee the daily affairs of the clients and caregivers, to include care rendered to clients are in accordance with the client’s care plan. Therefore, based on the details listed above, the management set for my LLC will be a manager-managed business. Each member has an area of expertise within the LLC, thus the most appropriate legal form would be controlled.
LLCs must typically pay more fees to file as LLCs compared to some other business entities or sole proprietorships. Additionally, many states require yearly renewal fees. However, these fees are usually less than what some other corporations have to pay. Because of the protections afforded to LLCs, some types of businesses are ineligible to file as LLCs. Banks, insurance companies, and medical service companies are examples of businesses that can not be a LLC. Another big disadvantage is taxes. Although LLC’s allow owners to avoid federal taxes, you may actually end up paying more than it would with a different corporation, depending upon the nature of the business. Working with an accountant and/or tax lawyer is a really good idea when planning your business and forming your LLC but can also be quite expensive. The LLC business form is a relatively new concept. As a result, not a lot of cases have been decided surrounding LLCs. Case law is important because of predictability. If you know a court has ruled a certain way, you can act in a specific way to protect yourself. But if not many laws have been established yet, there is a certain vulnerability with your corporations that could expose you to greater
Partnership – “A legal entity formed by two or more co-owners to operate a business for profit.” (Longenecker, Petty, Palich, Hoy, Pg. 202) In a partnership, the advantage for the owners is the capability to reduce the workload and the financial burden, especially if each partner has management skills that enhances the business. The disadvantages of a partnership such as personal conflicts and leadership expectations, therefore this organizational form should only be chosen once all other options have been considered.
The Twilight Zone episode was similar to the story since it mainly followed the story’s plot and setting, and there were no added or missing characters. But, they were different in plenty of ways, for instance, how they opened the button early in the episode, but in the original story, Norma opened it (or broke it, rather) at the ending of the story. Another large difference between the Twilight Zone episode and the story was the ending. In the story, Arthur dies after pushing the button, and Norma receives $50,000 from Arthur’s life insurance, while in the Twilight Zone, Arthur does not die, and he and his wife gain $200,000 in cash in a briefcase given by Mr. Steward.
America have a long history of black’s relationship with their fellow white citizens, there’s two authors that dedicated their whole life, fighting for equality for blacks in America. – Audre Lorde and Brent Staples. They both devoted their professional careers outlying their opinions, on how to reduce the hatred towards blacks and other colored. From their contributions they left a huge impression on many academic studies and Americans about the lack of awareness, on race issues that are towards African-American. There’s been countless, of critical evidence that these two prolific writers will always be synonymous to writing great academic papers, after reading and learning about their life experience, from their memoirs.
Upon further analysis of both videos, I agree with Riley’s observation. The Beatles were more influenced by Buddy Holly rather than Elvis, based on a comparison of the Beatles overall product (i.e. song, video, and dance motions) and the videos presented of each in the prompt. The two singers differ in appearance, physicality, musicality, source of music, and in how each served as inspiration to the Beatles.
Comparing Mary Anne in Sweetheart of the Song Tra Bong and Kurtz in Apocalypse Now
Vampires have been viewed with fear and fascination for centuries. Of all the vampires in literature, Bram Stoker’s Count Dracula is probably the most prominent vampire. Recently, there has been an upsurge of public interest in socially acceptable vampires, like the Cullens in the Twilight series by Stephanie Meyer. This essay will contrast Stoker’s Dracula with Carlisle Cullen, one of the newer vampires from the Twilight series. They will be examined in terms of their origins and how they dealt with immortality.
Freaks and Geeks is a show set back in 1980s over what life was like for the average high school teenager. The show goes over multiple dilemmas each episode that focus on two or more stereotypical teens in this time. The show focuses mainly on a pair of siblings named Lindsey and Sam. In this show you have your geek kids, like Sam, who are so awkward no one else talks to them. Then you have your so called “freaks” who aren’t afraid to get into trouble just for the fun of it, which is what Lindsey aspires to be like. While watching this show I have come to identify more with the geeks in this show rather than the freaks. More specifically, I would consider myself much like Lindsey’s younger brother Sam.
Being the owner of LSU, Joe probably operates as a sole proprietor. It is recommended that the business change its entity selection to limited liability company (LLC). The main advantages to an LLC are the protection the LLC owners receive from business creditors, and the fact that the owners can still participate in the management of the business.
“Across industries, human resource managers have come to understand that satisfied employees have a great deal of influence on client satisfaction” (Wells, 2008). Inundated paperwork such as tax preparations, and filing certain documents with the major headquarters of Arthur Murray Studios are causing huge headaches for SLT. Tax issues for dance studio business is one area that SLT needs help preparing a dance studio business plan that is tax ramifications. Unfortunately, SLT is not a tax expert and is seeking help with such things as the specific structure of the business, the annual revenue stream and yearly budget. SLT has hired a qualified tax attorney to prepare a dance studio business plan as a step for expanding the
My internship site is a small office with my supervisor Mindy Carmen who runs her own law practice, her executive assistant, and myself as the summer intern. Mindy is a
This sounds like a great business venture, but there still is a small problem. Mr. Lewin was one of Mr. Leighton's students when they formed the Akamai Company. This brings about the moral question of the case. Should students and professors be allowed to start companies together? Although there is no clear answer, there is widespread agreement among administrators that schools need to address the question. As a result, many M.B.A. programs are in the process of reviewing and, in many cases, implementing policies and guidelines governing student-professor business collaborations. The burden of this moral question falls mostly on professors since student is not an establish profession and thereby has no formal code of ethics.
In the present case, the company (LP) has six individuals on the board of directors (Andy, Brian, Chris, David, Evan and Faith). All these directors, particularly Andy, felt that it would be prudent to restructure
Do I have enough connections to get started? As mentioned above, competition for clients in the industry is tough. Since you are essentially asking a wealthy family to trust you with their money, you need a strong network of people who already trust you and know about your capabilities.
(Dictionary, n.d.) My experience with an LLC was through partnership with a non-profit homeless veteran’s program. In the beginning we had the developer who owns the LLC and all he wanted was to create low cost housing units to house homeless military veterans and the non-profit just wanted to provide the supportive and ancillary services. Both entities worked well together over 10-15 years when the government says this is a “less than arms-length relationship’. The implications were that the LLC would benefit greatly from contracts and grants obtained for the non-profit because they were not put out to bid. This was a pain staking audit which resulted in the dissolution of the partnership. They said that although they didn’t see anything too far out of the scope the repercussions were not as devastating as we all feared. Some of the advantages of this partnership was knowing that if the outreach team came back with 5 homeless veterans the service provider and the housing provider would never send a veteran out in the