Building the Team Every business that is created requires specific roles, with specific people, that have specific strengths and passions. In the case of Shania’s business, she has several friends and family that have voiced a willingness and interest in playing a part of seeing that business come to fruition. First, there is Shania’s husband, Marvin, who has said that he is willing to contribute financially to the business, however he has no intention of operating or managing the business. In the State of Colorado, community property does not apply, however there does exists the concept of marital property (Martin, 2010). I would advise Shania that any property transferred between her as an individual and the LLC might be considered marital
S: YMR stated that she had been living with her mother about one year, has is a newcomer. YMR lived with her maternal grandmother for many years back in her country. YMR stated that when she arrived to the U.S., she found out that her mother was pregnant, She shared that her mother did not want to tell her because she did not know how the client was going to react. YMR stated that she was happy because her mother had had four miscarries before. YMR explained that almost at the same time that she started living with her mother, the mother's partner and father of the child that her mother was going to have moved into her home. YMR stated that her mom used to work from 6am-12pm and the YMR spent a lot of time with her mother's partner. YMR stated that this man has
4.12.1. Project objective: To Expedite Change for Aegis Training Courses to ensure students are equipped with the most up to date information to carry out their duties at Sea;
Martinrea International Inc. (TSX:MRE) is a Canadian manufacturing company servicing customers around the world, primarily in the automotive sector. Founded in 2001, Martinrea has grown rapidly through both acquisition and organic growth, and currently employs over 14,000 people in 44 plants across North America, South America, Europe and Asia. The Vaughan, Ontario-based company has four sectors in its corporate structure, which include aluminum, fluids, metallics and modules. Martinrea’s four core sectors service mainly the automotive industry, however, the company has also begun to seek a broader cross-section of clientele, investing in lower volume assembly line parts such as buses, recreational vehicles, air conditioning, military and farm appliances.
A partnership is the best form of business given Shania’s situation. She has support from all angles that want to help her Christian coffee shop be a success. A limited liability partnership is best suited for Shania because of her possible partnerships with her husband, sister, and neighbor. According to the Limited Partnership (2015) article, this form of business is a “voluntary association where one or more partners contribute capital only, and those partners play no role in management.” Her husband wanted to make a contribution to Shania’s business but not in the lane of management, so by using this partnership he can still contribute his capital and maintain his partnership. The liability is limited to the amount of capital that the partner contributes. As a “silent partner” Marvin can make investments with the company, but not have any voting power or control over day-to-day operations.
First, I would tell Shania she should create her business organization by sole proprietorship. According to the U.S. Small Business Administration (n.d.), sole proprietorship is an unincorporated business owned and run by one individual with no distinction between the business and the own. Due to Shania’s husband Marvin having no interest in contributing to the business, Shania would be the only owner. However, since Marvin is making a contribution to the capital to the business I would have them both pray about this decision. With a sole proprietorship, Shania would be entitled to all the business income, debts, losses and liabilities. Marvin would have to have trust and
I would advise Shania that an LLC would be the best form of business to accomplish her goals. Shania wants to open a Christian coffeehouse and already has a name in mind. Colorado LLC laws allow LLCs to be formed with one or more members, taxes them at a lower rate like partnerships and sole proprietorships, and provides the members with lower liability that protects them from the company’s debt (Scrofano, n.d.). This form of business will give Shania the ability to name her company what she wants and run it how she wants. The limited liability is also desirable.
I am New Beginnings current Treasurer and Chairman of the Board. I would like the people of New Beginnings to allow me to continue to serve you in one of the positions on the board of directors. I am one of the original founding members of New Beginnings when we formed in 2004.
Shanda sharer was a 12-year-old girl who was beaten, tortured and sodomized by four teenage girls. Shanda was from Madison, Indiana the perpetrators were between the ages of 15 and 17 years old. Shanda caught the eye of Amanda Havrin who was the ex-girlfriend of Melinda Loveless. Melinda was very jealous of Amanda and Shanda’s relationship and according to the article by Ron Grossman “Lawrence and two other girls, Hope Rippey, 15, and Mary Laurine Tackett, 17, lured Sharer into Tackett's car on the pretext of going for a joy ride” (Grossman, 1993). After they had her in the car “Loveless then sprang out from the back seat and put the knife to Sharer's throat and began interrogating her about her sexual relationship with
1. To be completely honest Alan is a white male. Alan will never know the struggle of being black and most certainly not the struggle of being a woman regardless of race. Gretchen seem to focus on the quality of her work, and Alan did not care because he most likely does not value quality in his person life. I am not sure what I am saying, but Alan may have issues with his family because I noticed the way he looked at Bennett discussing his family's problems. Alan is the type of person who prefers to be at work than to be around family or even friends, and his way of doing things seems to overshadow Gretchen's and Bennett's customs and beliefs regarding business and
She most recently worked for MTM Recognition as a Customer Care Associate. In this role, she managed accounts, reviewed data, and followed up on the shipments. She left this role when her husband was relocated to Indianapolis. Since they moved she spent some time getting the kids and family all settled in. Now she is ready to find a full time job.
I think you’ve already made your decision but I agree, even though none have worked any overtime, raising their salaries to the threshold would be the best course of action. Of the 5 individuals listed on the spreadsheet only 3 would actually be affected. Kelsey has resigned and, unless I’m mistaken (GEMS is currently down so I can’t verify) Anna, with her recent 5% permanent increase is above the threshold. Plus, as you know, we have one more individual on the list who may not be here for much longer. The total impact, using the 3 it would affect, would be approximately $7k per year. We can handle that.
Peter Nicholson wishes to convert the factory in the north east to production of the electric taxi. Using data in Appendix C, Table 1, calculate payback period and the average rate of return.
In reading the first article Coach Knight: The Will to Win, I found the article found Coach Knight to be very offensive and mean to his players. Coach Knight did not display good leadership skills. According to the article, Coach Knight’s drive and passion for excellence was not always received as well as his record of wins and losses Snook, Per low, Delacey, 2005).
Infosys should consider expanding its operation into other foreign markets and industries. As indicated in the article, Infosys gets over 70% of its revenue from the United States and the majority of its big clients (such as Goldman Sachs, Visa or JC Penny) come from various industries but all of them are very sensitive to changes in the US economy. In order for Infosys to not only maintain but also increase their sales growth in spite of the referenced economic downturn, Infosys has to expand its global account management system along with restructuring its strategic account management. First and foremost Infosys should build a reliable network of foreign intermediaries in Asia and
SP Setia business incorporated in 1974 as a construction company and began to focus on their core business which is property development in 1996. One of their property development is the 700-acre Pusat Bandar Puchong (Puchong Town Centre). According to SP Setia Bhd Group, (n.d.) the company will set a benchmark in every SP Setia Projects, which is a well-planned development that balances affordable quality residential and commercial properties with an outstanding landscape and community-centric facilities.