Legal Form Of Ownership : Sundae Magic, Llc Essay

As a hybrid of partnerships and corporations, LLC’s provide limited liability for debts and flexibility to be taxed as a partnership or corporation (Staring and Naming a Business Presentation, 2012, Slide 5). Some specific advantages include being empowered authorities in the management of the business, diversity of members, limited liability, pass-through taxation, and less paperwork (appreciated by many). A drawback of this business structure is the need for a tailored operating agreement that specifies the specific needs of the

In business there are no guarantees for success. Skills, knowledge, great motivation and honest evaluation of ability to carry out and then manage the operations are just some of the requirements that determine the probability of the successful project. Success is never automatic and does not rely on luck. There are no ways to foresee or eliminate all of the risks that might affect successful operation of a new business. However detailed planning, thorough analysis and well-carried out organization create good potential for a new business. In the provided case study, we will assess the probability of success for Icedelights franchise in Florida. Analysis will be done through evaluation of each step in the decision making process, close

(Name of the Company) will incorporate the delivery of specific criteria to satisfy our targeted customer clientele. Business operations will be designed around: personalized exterior (hand washed) automobile car wash, interior refining, and exquisitely tailored automobile detailing for the automotive connoisseur. Additionally, in our craftily designed facility there will be a state-of-the are waiting area with both regional and international coffee brands to be pleasurably enjoyed as services to their vehicles are being rendered to by our personally selected employees. Within the targeted area of the establishment of our business operations there are no established competitors. Across the surrounding Colorado Springs business environment, there are some established competition that offers various types of

There would be initial cost tied to building the needed space and working to make sure that it’s accessible to all staff as appropriate. The size of what’s needed would vary store to store so there would need to be time spent researching volume trends for the locations.

location, size, special features and staff. The facility is situated on a twenty acre site in Rancho

We want to be located on a highly coveted passageway, in a location that provides easy access to our target customers, and customers want products and services to be as convenient to purchase as possible.

Anytime you start up a business or you take over another company there are multiple things you must do to get started. One of the major things one must do is decide on what type of ownership you want. There are many different types of business ownerships out there, but some will benefit you more than others. In this paper you will be learning about the difference two types of business ownerships you can have. The main point of the paper is to help someone that’s going to become an owner of a business be able to do what’s best for not only them, but also what will be best for the business. Sole trader ship and partnership are the two best ownership because they will benefit the owner and business more by going by what the company stands for.

In this assignment, I have a friend who is setting up a sandwich and snack bar to provide lunches for workers at a local industrial estate. To help him out I have agreed to design a promotional campaign. It is essential for this sandwich and snack bar to be located inside the local industrial estate. The sandwich/snack bar is aiming to provide lunch to the workers working at the industrial estate on a daily basis, which includes a seating area. To start of the new snack bar/sandwich bar, employees working at the snack bar would be handing out free samples of the fresh different flavoured sandwiches, Panini's, and samples

•Brand the company to the thousands of office workers in a 5 block radius which is increasing 7% annually do to construction and building renovation. •Allows hours of operation to expand to 7 AM to 7 PM. •Provides grounds to schedule an additional 65 employee exams per month •Provides overlap to decrease wait time during lunch time hours.

Of course, contractual provisions with specific landlords will also be considered. Once an appropriate location is selected, the franchisor will choose an appropriate architectural layout for the store. While maintaining an attractive store is necessary to franchisee’s success, it will also need a robust team of customer service associates and supervisors. This is why Pet Supplies Plus offers its franchisees’ employees a two-week, hands-on training program (“Franchise Support”). The training program should meet the learning needs of all employees, because there is a blend of face-to-face training and online training.

After watching, people could attract form menu, could mouth-watering for them, they would love to take and would definitely go to physical location. 9.2 Non Financial Resources requirements:  Availability of affordable workspace such as Stalls  Health and fitness related events in

The company specializes in meeting consumer dining needs by providing high quality food, and targets suburban dwellers and workers by offering a premium specialty bakery and cafe experience with a neighbourhood emphasis. Bakery-cafes are principally located in suburban, strip mall, and regional mall locations.

The purpose of the paper research is to identify the world of property law that remains confusing to quite a number of people regarding personal and real property. Due to this confusion, a number of disputes arise when parties fail to reach an agreement especially when the seller includes the item in question as part of the sale of the realty and the buyer has a different view. This research will identify five examples of fixtures and real property in my house that will be enlightening especially pertaining the two gray areas. The research will also look at the determination made by commercial law pertaining to the evaluation of real property and fixtures and the exceptions when applying such tests. In the research, it will highlight the question of figuring out what fixtures are and the significant importance or raise this question with regards to the increase in the number of disputes associated with property law in case the value of the personal property exceeds the real property value. Finally, the research will identify different scenarios that may give rise to disputes regarding personal property and fixtures and how these fixtures are identified using different tests conducted by the property law courts in order to come to a consensus.

The McGee Cake Company, currently operating as a sole proprietorship, may benefit from forming a limited liability company (LLC). An LLC is a comparatively new type of business entity. With an LLC there are reduced legal formalities in comparison to setting up a corporation. In addition, unlike a corporation, the McGees could set up an LLC yet remain the sole owners of the company. Another advantage as the owners of an LLC, the McGees are taxable only for personal income and not for the income of your LLC. Therefore, they would not pay double income tax. An LLC also has a long

*However, the outlet cannot inventory the entire service experience, the counter staff still need to serve the customers with the hamburgers and the hamburgers cannot be saved for the next day