Nobody downloaded yet

Business Forms Evaluation and Recommendation - Essay Example

Comments (0) Cite this document
Summary
The literature tells us that the easiest form of business to launch is the single proprietorship, where the only requirement is for the business to commence operations. The franchise can be a single proprietorship too, or one that is run by a corporation or partnership or LLC…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.3% of users find it useful
Business Forms Evaluation and Recommendation
Read TextPreview

Extract of sample
"Business Forms Evaluation and Recommendation"

Download file to see previous pages If Betty decides to take in someone else, then the form would be some kind of partnership, or a corporation, or a limited liability company or LLC, all of them valid legal business forms, and all of them placing some level of liability on the individual persons forming the business when it comes to being answerable to their customers and suppliers. Given that Betty does not seem to have that much experience with running a coffee business, then it seems to make sense, given the options available, to form the business as a franchise. Moreover, for reasons that are to be explored further in the other questions, the best form is one where Betty runs the business as a single proprietorship (Spadea, Lanard & Lignana, n.d.; Sanders and Lambert, 2007).
There are several options for “partners” or people to take in by Betty into the business. John, her husband, is one, ready to supply some capital for the business. Alice, the sister of Betty, is another. Erma, Betty's neighbor, is yet another, though she is not Christian. The religious inclination is one consideration in choosing someone if one is to make an assumption with regard to how religious inclination translates to business, moral and related values. Other issues, such as the level of commitment and energy that the different people options are ready to pour into the business, also matter. As well, domestic issues that can limit involvement and can constitute a conflict of interest are also pertinent considerations. None of the three options or “partners” are completely free of issues. John has the money, but will not commit any time or attention to the business. It helps though that he is the significant person in Betty's life, being the husband. That vital relationship can make up for any lack of commitment in terms of giving time to operate the business. Alice, meanwhile, while potentially committed and willing to give time and effort to operate the business with Betty, is constrained by a conflict of interest, the other party being family. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Business Forms Evaluation and Recommendation Essay - 1”, n.d.)
Business Forms Evaluation and Recommendation Essay - 1. Retrieved from https://studentshare.org/law/1449637-case-study-4
(Business Forms Evaluation and Recommendation Essay - 1)
Business Forms Evaluation and Recommendation Essay - 1. https://studentshare.org/law/1449637-case-study-4.
“Business Forms Evaluation and Recommendation Essay - 1”, n.d. https://studentshare.org/law/1449637-case-study-4.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Business forms
...? Accounting Introduction Starting a small business requires a person to have an understanding of various business forms. This is fundamental because the person starting a business can measure the pros and cons of each as it relates to the business idea. This paper intends to relate various business forms and determine which suits the chosen small business idea. In order to perform a succinct selection of the business form, consideration of taxes, legal plus accounting issues will be vital. Sole proprietorship This is a business organization owned by a...
5 Pages(1250 words)Research Paper
Technology Evaluation and Recommendation
...?Technology Evaluation and Recommendation In identifying risks, the need determine how assets can be damaged, destroyed, stolen and altered in an organization is the essence of information technology. The risk assessment gives a ground on which to implement security plans in order to protect assets of an organization from possible and impending threats. In order to improve the security of assets against threats, it is important to find out. One, what are these assets that need protection. They include component failure, ‘unauthorized deletion or modification, misuse of software and hard ware, unauthorized disclosure of information, viruses, Trojan horses, or worms, riots, fires, floods, or earthquakes,...
3 Pages(750 words)Research Paper
Technology Evaluation and Recommendation
...?INDIVIDUAL PROJECT: TECHNOLOGY EVALUATION AND RECOMMENDATION Individual Project: Technology Evaluation and Recommendation Affiliation Date Executive Summary Nowadays enterprise and business data is subject to an overwhelming variety of threats regarding security point of view. Today’s technological advancements have permitted corporations to become more efficient and get connected in ways that were impossible in the past. Without a doubt, this augmented connectivity has offered a number of benefits and opportunities however it has as well left businesses increasingly vulnerable to intimidation from outsiders and entities in their...
4 Pages(1000 words)Research Paper
Technology Evaluation and Recommendation
...? Technology Evaluation and Recommendation Technology Evaluation and Recommendation Security Threats The peer-to-peer (P2P) file sharing application allows users to share video, music, games, and documents and facilitate online telephone conversations. As described in the Bureau of Consumer Protection website, this application enables other computers using similar P2P programs to create a network and thereby to share digital files with other computers through this network. P2P file sharing applications are able to set the drives and folders from which digital files can be shared with others on the network. Sometimes employees who use P2P file sharing software may...
3 Pages(750 words)Essay
Individual Project: Technological Evaluation & Recommendation
...? Technological Evaluation and Recommendation Executive Summary This paper focuses on evaluating and identifying ways through which issues of data leaks can be addressed in order to avoid exposure to financial looses and damages of reputation. This paper will address a care where data leaks were caused by peer-to-pear sharing of files, through application that are installed in an employee’s computer. The paper will entail a matrix section which will focus on categorizing and assessing the risks related with data leaks, and three technology based solution will be provided and discussed as effective protection measures. In the matrix the technology based solutions will be identified to...
5 Pages(1250 words)Research Paper
Technology Evaluation and Recommendation
...security, and information security. Information security is concept that entangles most aspects of the society, majorly because of the ubiquitous adoption of computing technology in the modern world. In our daily lives, we use computers at work place for our employers, play on computers in homes, study online, do business, and check emails, and so on. The level of development in the modern world has greatly improved especially with the increased rate of innovation, and growing technology. Everyone in the modern world is impressed at how the level of technology is increasing so fast because they benefit from it in very many different ways (Matford & Whitman, 2012). Owing to the fact that most people have the urge to make...
4 Pages(1000 words)Research Paper
Forms of Business Organisations
...Forms of Business Organisations Q4 In the present problem, the issue is whether the partnership is liable for the injury of Stacey due to wrongful work practices. The applicable provisions can be found in Division 2 of PA 1891. Any act or omission of any of the partners in a partnership, except if it is an incorporated limited partnership, committed during the course of its business that causes loss or injury to a third party should be borne by all the partners to the extent of their participation.1 Moreover, the liability of partners in a general partnership under the foregoing situations is characterised as joint and several, thus, “every partner in a firm other than an incorporated limited partnership is liable jointly... of Business...
1 Pages(250 words)Essay
Evaluation Forms and their Application
...Introduction: For this task I am going to study Australian Cancer Education Prevention Fund. Evaluation is a technical process which can only be completed successfully by selecting appropriate approach towards evaluation. Selection of approach and evaluation form depends on the context as well as on the stage of the project. Australian people are naturally more at risk of getting skin cancer. A huge percentage of Australians have to get themselves treated for this medicinal issue. Looking at the number of people who suffer, it is an important field to study. Forms: The first form I have selected for this project is monitoring form. As the aim here is to evaluate Australian Cancer Education Prevention fund, the best approach here... at this...
1 Pages(250 words)Assignment
Technology Evaluation and Recommendation
...Risks association Access control is one of the most sensitive aspects when it comes to computer and computer systems’ security. Access control refersto any mechanism that controls or provides a form of verification to guarantee information’s protection from inappropriate access or unauthorized use. Collectively, access control methods serve two purposes; controlling modification, and controlling the disclosure of information from threats. In computer security, a threat is any agent that may breach the confidentiality or interfere with the integrity of information or information systems. Threats on their part can take up multiple flavors ranging from sabotage, deliberate espionage, leakage, or information extortion. As is evident... with the...
3 Pages(750 words)Essay
Special Business Forms
...and amongst the coalescing parties. Moreover, the person needs to come to familiarize with the terms and conditions governing such a form of partnership (Emerson, 2009). However, in the case of Bateson Corp, it is very challenging to join the other two companies. Any move to partner with either of the two companies is poised to result to big losses to Bateson Corp. this follows that Bateson Corp is not familiar with the way such businesses operate. In addition, Bateson Corp is not familiar with some of the terms and conditions that may govern their partnerships. In such a case, forming a partnership with such business ventures may most likely result to losses on the...
1 Pages(250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Essay on topic Business Forms Evaluation and Recommendation for FREE!
logo footer
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us