Types Of Business Entity For A Business - 2258 Words

Of all the choices you make when starting a business, one of the most important is the type of business entity you select for your company. Not only will this decision have an impact on how much you pay in taxes, it will affect the amount of paperwork your business is required to do, the personal liability you face and your ability to raise money. It s not a decision to be entered into lightly, either, or one that should be made without sound counsel from business experts. â€Å"Kalish says it s important for business owners to seek expert advice from business professionals when considering the pros and cons of various business entities†. The business entity I have chosen for my business is sole proprietorship. I don’t want to be responsible if someone else makes a bad chose for the company. I want to run my business my way. If anything goes wrong it is completely my fault not anyone else’s. Types of Business Entities The type of business entity you choose will depend on three primary factors: liability, taxation and record-keeping. Here s a quick look at the differences between the most common forms of business entities: †¢A sole proprietorship is the most common form of business organization. It s easy to form and offers complete managerial control to the owner. However, the owner is also personally liable for all financial obligations of the business. †¢A partnership involves two or more people who agree to share in the profits or losses of a business. A primaryShow MoreRelatedBig Data Management Analytics And Management Essay929 Words   |  4 PagesDataset Description. The dataset comprises of a single csv file data.csv that contains 3 types of entities namely users, businesses and reviews. Records for each entity are distinguished by the type column. The type column determines the type of entity a row represents. For example if type is business, then that row contains business data, if type is user , then the row contains user data likewise if type is review, then that row contains review data. The csv file has 24 columns namely ColumnRead MoreImportance Of Choosing A Business Entity905 Words   |  4 PagesChoosing a Business Entity The Importance of Choosing a Business Entity As an accountant and Tax Preparer in New York, Monique Desir works with many tax payers who require a business entity. There are many factors that go into the choosing of a business entity, and the implications for the business can be large. If you are working towards a new business, find a tax professional who knows the ins and out of business entities in your area. What is a Business Entity? A business entity is not onlyRead MoreLooking A Tax Preparer, A New York923 Words   |  4 PagesAbout Small Business Taxes Starting your own small business is an exciting and sometimes frightening time for most Americans. If you opened a new business or began a new venture last year, you taxes will need to be completed to accommodate this new industry. Tax payers in Rosedale, New York should take the time to call me or come by my office with any small business tax questions. I am Monique Desir, a tax preparer and accountant. My years of experience will serve your new business to the fullestRead MoreBusiness Entities : A Business Entity1530 Words   |  7 Pages Business Entities: Each business entity is structured differently and, as a result, has unique tax implications. The types of business entities covered in this course were: sole proprietorships, partnerships, C Corporations, S Corporations, and Limited Liability Companies (LLC). The entities were differentiated by the number of owners and/or shareholder, whether they are a pass-through entity or not, and the level of liability the shareholder(s)/ owners(s) are responsible for. A sole proprietorshipRead MoreEntity-relationship Model and Mountain View Community1374 Words   |  6 Pageswant to use entity-relationship modeling to understand its data requirements? What other ways might the hospital want to model its information requirements? This hospital wants to use E-R modeling to understand data requirements. E-R modeling is very easy to understand and shows all the business rules. †¢ Entity-relationship modeling is logical representation of the data for an organization or for a business area. The E-R model is expressed in terms of entities in the business environmentRead MoreChoosing the Right Business Entity1130 Words   |  5 PagesChoosing the Right Business Entity By Rosa Martinez Professor Smith English 315 February 24, 2012 TRANSMITTAL TO: Small Business Owners FROM: Rosa Martinez DATE: February 24, 2012 ------------------------------------------------- SUBJECT: Choosing the Right Business Entity ------------------------------------------------- Enclosed is the Justification Report covering information related to different types of entities that could be chosen to establish a business. Furthermore, theRead MoreDiscussion Board Forum 3 Case Study1554 Words   |  7 PagesDISCUSSION BOARD FORUM 3 CASE STUDY ON BUSI 561 STARTING AND NAMING A BUSINESS Shania’s is confronted with lots of decisions to make before she opens up her Christian coffeehouse near Denver, Colorado. The challenges awaiting Shania are the type of business structure to open and type of people to work with. Shania as a Christian should refer to Roman 8:28, â€Å"And we know that all things work together for good to them that love God, to them who are the called according to purpose. She should thereforeRead MoreAcme Fireworks Essay990 Words   |  4 PagesFinal Paper Proposal James Collier BUS311: Business Law I Instructor: Daniel Malvin 9-1-2014 A sole proprietorship is a one-person business that is not registered with the state as a corporation or a limited liability company (LLC). The owner of the Acme Firework is a sole proprietor that has never changed his business entity. A sole proprietor can be held personally liable for any business-related obligation. This means that if your business doesnt pay a supplier, defaults on a debt, orRead MoreThe Characteristics Of A Business Entity1646 Words   |  7 PagesTopic #1: Choice of Entity Question 1 - How is a business entity defined and what are some of the characteristics of a business entity as highlighted in R.P. Groetzinger? Answer: A business entity must take part in some form of business activity. However, the term business activity is too vague of a definition to provide an adequate understanding of what constitutes a business entity. When examined further, the case of R.P. Groetzinger helps to provide some incite (American Federal Tax Reports)Read MoreBusiness Structures Within The United States908 Words   |  4 Pagesimportant decisions when starting a company is to determine the type of legal entity best suited for your business. Each country has different legal business entities under its regulatory framework. According to Dewhurst (2014), the most common types of business structures within the United States are: proprietorship, partnership, corporation, limited-liability company, and cooperative. Additionally, there are other types of legal entities derived from the association of different corporations, such

Puerto Rican Culture Development within the New York Diaspora

According to census research at Lehman College (1), during 1945 to the 1950’s more than half a million Puerto Rican natives migrated to several parts of the USA, originally from their own homeland, Puerto Rico. Several of the locations that Puerto Ricans migrated to include Chicago, New Jersey, Boston, Philadelphia, and New York City. One of the cities that experienced a large boom of Puerto Rican population was New York. This period was known as the â€Å"Great Migration† and had several factors that led to the mass migration. Some of these major events include the 1917 signing of the Jones-Shafroth Act by Woodrow Wilson, and the Great Depression. Afterwards, Puerto Ricans were permanent citizens of the US From these events. This still poses†¦show more content†¦They start migrating due to hoping on finding a new start in the states because Puerto Rico’s economy at its worse at this time, and the common person is not finding jobs is starving. As air tr avel technology advanced and low cost air flights appeared, this is where we start to see when a huge amount of Puerto Ricans decide to migrate over into the United States, and one of the states they migrate largely to in particular was New York City. They also migrate there also because non – stop flights toward New York were also becoming available at the time. Those Puerto Ricans also sought out a new beginning to their lives. This is also the time when Puerto Ricans start developing their culture and neighborhoods in New York. In 1945, technological advances in the aviation field helped Puerto Ricans migrate in immense numbers, and also the air fare of flights were affordable for the average Puerto Rican instead of a higher upper class only being able to afford air travel. Puerto Ricans then began to travel all over the US, but a massive number, about 200 to 500 thousand migrated toward New York. Now before the mass migration, Puerto Ricans were already living in New York, specifically in East Harlem known as â€Å"El Barrio† to many Puerto Ricans. They had moved there mainly because of the affordable housing rent and non-existent racial discrimination since racial discrimination was still big in the 1920-60’s. TheShow MoreRelatedOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 PagesThe Story of Reo Joe: Work, Kin, and Community in Autotown, U.S.A. Van Gosse and Richard Moser, eds., The World the Sixties Made: Politics and Culture in Recent America Joanne Meyerowitz, ed., History and September 11th John McMillian and Paul Buhle, eds., The New Left Revisited David M. Scobey, Empire City: The Making and Meaning of the New York City Landscape Gerda Lerner, Fireweed: A Political Autobiography Allida M. Black, ed., Modern American Queer History Eric Sandweiss, St. Louis:

Discuss the problems of the Central Business Districts of MEDC cities Free Essays

In this essay I will be writing about the Central Business District (CBD), it’s problems, and possible solutions to them. Also I will show how the CBD relates to the Burgess and the Hoyt models. The main things that are located in the CBD are: shops, department stores, and office blocks. We will write a custom essay sample on Discuss the problems of the Central Business Districts of MEDC cities or any similar topic only for you Order Now The main functions of the CBD are commerce, employment and entertainment. The CBD has the widest range of shops, and the highest amount of department stores, as it is very densely populated during the day. People come to the CBD for shopping, as you will have no trouble finding what you are looking for. In the CBD lots of businesses have their offices there. For example: solicitors, banks etc. The entertainment is also located in the CBD. Theaters, cinemas, nightclubs etc. are all located in the Central Business District because it is very highly populated in the evenings/nights. A good example is London’s West End. The CBD is located in the same place on both Burgess’s and Hoyt’s models which is in the middle of the city. (As shown on the diagrams below.) It is located there because it is easily accessible and most of the public transport meets there. Central Business District Central Business District The CBD faces many severe problems due to the high density of people, cars etc. Many of those problems are trying to be solved by the government, but unfortunately so far they have not been successful. One of the major problems is traffic congestion. Traffic congestion is a very big problem that causes not only jammed streets, and delays but also pollution, which is another big problem. Traffic congestions is caused by the fact that the streets and roads where laid down before the car was invented. Back then horse-carriages were in use and the roads were not getting jammed. The other thing that causes this problem is the very high ownership of cars. Many people own more than one car. Many roads are being gridlocked for many minutes or sometimes even hours. Also lots of shops , services and offices are located in the CBD so people want to get to them, so the roads are congested. Some solutions have been attempted to solve the problem. These include: Ring roads, by-passes that divert the traffic from the CBD and instead go around it. It may seem that it would take longer, but that is not the case, as in the CBD you cannot travel fast, there are traffic lights, etc. but on the motorway there are no traffic lights and you can travel much faster so you take less time then you would if you travel through the CBD. An example of a ring-road is the M 25 going around London. It is so successful the government is planning to expand it so each side has 6 lanes, instead of the 3 it has now. Another solution proposed by me, is the banning of heavy lorries from going through the CBD as they take up lots of space and cause congestion. That way there will be more space for cars, and lorries do tend to block streets while turning, etc Also I think that multistory car park and † park and ride† schemes would help to reduce the traffic in the CBD. It would help because people would park their cars in a multistory car park or the would park it on the suburbs of the city and ride to the CBD using public transport, that not only would save them time, but also money because parking in the CBD is very expensive, and it’s hard to find a space. In Rio de Janeiro in Brazil they have a scheme in which on Mondays, Wednesdays, and Saturdays only cars with an odd last number plate are allowed to drive in the CBD and on the remaining last 3 days, Tuesdays, Thursdays and Saturdays. On Sunday anyone can drive. I think that this method of reducing cars in the CBD is good and successful for cities in LEDC countries because people can only just about afford one car let alone two. That’s why this would not be doing so well in MEDC countries such as England, because people can afford two cars, one with an odd number plate and one with an even number plate so they will be able to drive on any day of the week. The solution attempted by the Mayor of London is † Congestion Charging†. Basically you have to pay 5 pounds so that you can drive into the CBD. This method has been successful in one-way, but yet still there are a lot of cars in the CBD, although some people do choose to go around now, that they have to pay, or they choose to travel by the public transit. I also think that if the government invested some money into improving the public transport drastically, then probably more and more people would choose to travel by it, recognising that it is faster than travelling by car and not so gross. Also another solution that I think would be successful is car sharing. For example I think that some people go to 2 places that are really close to each other, and yet still they take 2 cars, when they could take only one. That would help because there would eventually be less cars around, so there will be less traffic jams, so people will see that it is a good idea because they get to work on time, or maybe even they can sleep for another 10 minutes or so. Furthermore I think that pedestrianization of certain high streets is a good idea. For example Bond Street in London. That way it will encourage people to take the public transport as they won’t be able to go on that road in their car anyway, and the pedestrians will have more space so they will move about more freely. Also allowing only â€Å"black taxis† and busses on to certain roads is a good suggestion, because it will also encourage people to take the public transport. In addition I think that introducing bus lanes is an excellent scheme, because the busses won’t be stuck in the traffic jams, and they will take up less space because they will have to keep to their lane. That way more people might start to travel by busses, as they will see that it is quicker. This will result in the number of cars on the road to decrease. The second chief problem the CBD is facing is pollution. Pollution is the air that is polluted but also water, land, noise and garbage in the streets. Polluted air causes many diseases such as asthma and bronchitis. Not only it is not healthy for us to breathe in, but also it doesn’t look to appealing when car fumes are floating everywhere. Vehicle fumes, especially petrol and diesel, mostly cause polluted air. Cars are the biggest air polluted in the CBD, as there are thousands of them. Traffic congestion makes the pollution even worse because while the car is stopped, it r releases more fumes than it does whilst moving. The government are tackling this problem, but so far they do not seem to succeed in it. In my opinion there are quite a few solutions to this dilemma. Firstly I think that banning heavy lorries (as I mentioned before) is a very good way of reducing pollutions as they give of many fumes and most of them run on diesel, which is very bad for the environment. That way fewer fumes will be released so it will be healthier to live/work there. Secondly I think that if all the busses were running on methane, then it would release less poisonous fumes than diesel. Methane is more environment friendly than petrol or diesel and it won’t be so destructive to the surroundings. Thirdly I propose that people start to use bikes more than they do now. For example they could get to work by bike rather than by car. That way not only it would be better fro the environment, but also the people will work on their fitness, and some might find it highly entertaining. In Japan, China, and S/N Korea many people travel by bikes. Bikes are the mean form of transport over there and the atmosphere is cleaner. In addition I think that increased road sweeping can be successful. If the government invested more money into the cleaning processes of the CBD then it would help to solve the problem of pollution. If we had more road sweepers employed and maybe a higher pay for them then the CBD will ultimately be cleaner and the pollution level will drop (hopefully). Like they do in Holland. Also there is lots of garbage left lying around the streets at the end of the day left by coffee shops, cloths stores, restaurants etc. that should be cleaned up immediately, because it attract lots of diseases and looks unpleasantly. Another solution to undertake this problem is to enhance the tree and shrub planting. I think that would be successful, because trees and shrubs photosynthesis producing oxygen so they make the air cleaner. That way we could have more hedges, grass areas etc. and the air will be cleaner. Noise pollution can be sometimes unbearable as well. It is mostly produced by cars, lorries motorbikes etc. There aren’t many solutions to this problem. The main thing is to reduce the amount of vehicles driven in the CBD and this is linked with traffic congestion. The further difficulty the CBD faces is the high cost of land. The land in the CBD is very expensive because lots of shops and businesses locate their stores/offices and it’s become very cramped. Because of this, the competition some traders have had to leave and re-locate their business out-side the city center. Every business wants to set up there because all the people go there either for shopping, work or entertainment, also its easily accessible. One of the solutions I would attempt is to start building high-rise office blocks on a small area, but tall. That way we save space and money because we only pay for the space we take up on the ground. So now more offices can situate their offices in the city center. Another solution for this conflict is the building of out-of-town shopping centers in the suburbs or the rural-urban fringe. They need to take up lots of space so the land is cheap there so they have the money to build there stores there. People then travel there to and back. This process is called decentralization. Also most of them have free parking which is very attractive to customers, as they don’t like paying for the parking space. In conclusion I think that the solution to the CBD’s problems are hard to implement because the CBD is very crowded big, and it involved lots of co-operation from all of the people. Furthermore I don’t think the CBD will ever get rid of it’s problems because it will continue to get bigger and the amount of cars/shops/businesses etc. will always grow, and so will the competition, so it will be impossible to get ride of urban decline , pollution, traffic congestion etc. How to cite Discuss the problems of the Central Business Districts of MEDC cities, Papers

Unhealthy Relationships free essay sample

There are many factors that can destroy a relationship. One of the many causes that relationships brake is because jealousy. Jealousy is an emotion many people feel when they feel they are going to lose something they want. Jealousy is many times the inspiration of music, movies, poems, art, etc. Jealousy can be treated, even though it is not an illness. Jealousy can be caused by insecurity, a traumatic effect in childhood or with another relationship, low-self esteem, fear of loss, or betrayal. It is important to get treated because destroy your relationship. It will help you recognize you have a problem which the feeling of jealousy will continue with every relationship. There are signs to help you recognize you have a problem. Checking your partners e-mail, phone calls, making conclusions on what the partner is doing when you are not with them, reacting possessive over the relationship, and mis- interpreting signs of behavior. We will write a custom essay sample on Unhealthy Relationships or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Many times your mind makes up ideas that are not truth. Something you believe on but not really happening, it is imagined. This is a serious problem and you need help. Jealousy delusion is a false belief that your love one is being unfaithful, but is really not. One example of this is the play Othello by Shakespeare. In this play Othello becomes jealousy with Desdemona making up things between Desdemona his wife and Cassio a close friend of Desdemona that are not truth. Jealousy drives him to kill Desdemona and at the end when he finds out that Desdemona wasn’t unfaithful to him he kills him self. Crimes of passion, where many people has murder because they found their love one with another person. This happened before occasionally crimes of passion are committed as well because jealousy emotion. In a relationship there should be trust between each other. Trust is an important key to functioning in a relationship. If you have trust in your partner then there would be less Jealousy. Trust helps cope with the fear of loss of someone you love. This supported by the journal Trust, Variability, in Relationship Evaluations, and Relationship Process â€Å"Trust involves the juxtaposition of peoples’ loftiest hopes and aspirations in relation to their deepest worries and fears.