Business Will Be A Limited Liability Company

Unemployment can affect the economy in a number of ways such as increased government borrowing. Higher unemployment will lead to lower revenue

The largest cause of unemployment can be attributed to recession. The term recession refers to the backward movement of the economy for a long period. People spend only when they have to. (Nagle 2009). With people spending less there would be less money in circulation therefore, enterprises would suffer financially and people would suffer too. This is so because recession reduces the fiscal bases of enterprises, forcing these enterprises to reduce their workforce through layoffs. These enterprises lay off their workers in order to cut the costs they incur in terms of wage and salary payments.

- Healthy approach: We want to make our clients satisfied with wheat free, lactose free, nuts free and trans fat free crepes . 
- Passion and love: We want to share the passion of making crepes and the love of the Breton crepe. 
- French cuisine: A crepe restaurant making Breton buckwheat galettes and crepes respecting the rules of the French cuisine.
- Gluten free: We want to pass down the Breton tradition making good buckwheat galettes and crepes.
- Wheat free crepes: We want to revisit the crepe in an healthy version. We use gluten free organic flours to replace wheat and lactose free milk.
- Environment: We make a priority the buying of local and organic products and the use of compostable cutlery.

Working off the last paragraph, less unemployment leads to a higher overall production of products, leading to a higher GDP. A higher GDP leads to a higher standard of living. Basically if everyone in an economy was working and being productive, the economy would start to flourish (Doc 2). But due to an increase in firings and unemployment, the cornucopia of the economy is struggling (Doc 3). The job market is suffering and business struggle to find workers (Doc 1). Workers are important to the economy, keeping it running successfully and completing the business

There are three different kinds of unemployment that affect our economy: frictional, cyclical and structural. Frictional unemployment occurs when there is a time laps between being employed and looking for work. This term can also be referred to as search employment because it is the time spent searching for a place of employment. One example of this would be a student taking time off of work to finish college and get a 4 year degree. Usually, it takes a lot of time and dedication to finish the last years of school, so some students tend to go to school full time and work part time or not at all. This type of unemployment is also classified as voluntary unemployment because this period of unemployment is at the discretion of the person to some small degree. Secondly, there is cyclical unemployment which changes depending on the business need; for example, workers are laid off when business is bad - then

An increase in unemployment and product prices will occur because when the workers are paid more, businesses will have to raise the prices of their goods in order to still make profit. This may lead to inflation as well. Seeing the law of demand, when the prices increase, buyers will purchase less. This will cause the demand curve to shift to the right (Hubbard and Anthony 2015). If labor is more expensive employers will be forced to hire less workers. As for supply, higher prices of supplies will create a surplus in supply, causing the curve to shift to the right (Hubbard and Anthony 2015). The higher the wage, the higher the number of workers willing to work but the number of workers hired will be lower. This increase in unemployment can hurt the prices of goods and services and businesses will have to allocate more money for wage, which makes the charge more for their products. Raising the minimum wage can lead to many consequences, it can even lead to a decrease in economic

With that being said, if businesses must raise wages, they will have to cut back on employees. Which could also cause businesses to downscale and have a direct influence on unemployment rates (Richardson “The Economic Effects”). Furthermore, if under skilled workers start

Lack of government support for businesses will cause more businesses to close, therefore unemployment will rise.

A second goal of the program is to counter the negative impacts on the national economy, and especially on local economies, of major layoffs, seasonal cutbacks, or a recession. Unemployment benefits help sustain the level of income and hence the demand for goods and services in areas hard hit by unemployment. In short, unemployment insurance supports consumer buying power.

Crepes are a very versatile food that can be filled or eaten plain. Generally, they are utilized and substituted for breads, tortillas, and flat based pastries. They can be stuffed and rolled with copious ingredients to create that signature dish your family and friends will crave.

After reading the case of Alex, Bill, Carl, and Devon’s business, me being their accountant, a type of business I would suggest them will be a Liability Limited corporation. Based on their needs LLC would be a perfect form of business for them. As their company was sole proprietorship ran by their dad, LLC offers some advantages of a corporation, as well as some advantages of a sole proprietorship. “A limited liability company, commonly called an "LLC," is a business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.” (Nolo, 2014, n.a.) The characteristics of LLCs and a partnership company are somewhat similar as they both provide flexibility to the management and also the benefit of pass-through taxation. The Owners of an LLC are called members. As most states do not have any limit on ownership, members can be individuals, companies, other LLCs and foreign individuals. There is no limit on the number of members in LLC. Some LLC also have only one owner, which is called a single member, and it is allowed in most of the states. Most states do not restrict ownership, and so members may include individuals, corporations, other LLCs and foreign entities” (irs.gov, 2014)

They are easy and practical to prepare. You can make the batter in advance and cook it later, or cook the crepes, keep them in the fridge in an air-tight container for up to 2 days, and just warm them up before using them.

books. When consumers have more money to spend, the demand for supply is also greater, enabling the business to thrive. If the economy is low, the amount of unemployed individuals will be on the rise meaning there will be less demand for the products being sold. Due to being unemployed, individuals will not purchase the products, where their main focus will be to stick with necessities causing the business to either fail or operate to very low supply with little revenue. (Alanis Business Academy, (2014). By analysing the economic conditions thoroughly, the business can predict how the economy and other factors may change and create forecast sales, develop production schedules etc. (Alanis Business Academy, (2014). The business owners can look any conditions from the economic conditions such as income levels of their consumers, gross domestic product and unemployment rate and related indicators of economic health for their analysis. However if the business only analyse one of these conditions and make decisions based on the analysis of the one condition and not the others, it can cause a backlash and may lead to negative impacts to the business.

The CREPE makers’ mission statement is to try use as much local and organic products to make the crepes and the various toppings. A family atmosphere shall be created and an outstanding service offered to the customers.

Inflation is one of the oldest causes of unemployment. The economy faces a steep rise in prices as compared to other economies of the world. This leads to failure in exports as companies are not able to compete with others due to rise in price. Incomes suffer, people 's savings fall and gradually companies start firing people, being unable to pay them on due time. Thus, the rate of unemployment increases.