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    intial construction company was known as F & R builders In 1956 Arnold Rosen entered into joint ventures with Leonard Miller combining Rosens strengths in building and construction and Millers land management and marketing skills. The company targeted the low and medium-price residential market, including new home buyers and buyers looking to purchase retirement homes in the greater Miami Area.In 1969 with the intention of making their joint venture a publicly owned company Lennar Corporation…

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    Shania Business Structure

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    Great post. I believe your points are well founded and valid. However, I am not sure I would rather gain 10 pounds to give up coffee. I agree with your assertion that the best option for Shania is to form an LLC. In addition to the characteristics of protected liability and tax benefits you discussed, this business structure has becoming so widespread in the domestic market that almost two LLCs were formed for every one corporation (Chrisman, 2010, para. 19). I firmly believe that the LLC…

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    John Deere Research Paper

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    (John Deere). His company made 1,600 plows in 1850, and began producing other tools to complement its line of plows. Deere’s next move was to contract with Pittsburgh manufacturers to develop comparable steel plates, thereby avoiding the troubles of overseas importation. Henry Ford created the Ford Model T car in 1908 and went on to develop the assembly line mode of production, which revolutionized the industry. In 1903, Henry Ford established the Ford Motor Company. Ford…

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    information regarding the financial aspect of the organization, I interviewed my supervisor Scott Olson, who is a Director of Accounting and Administration in Nevada Restaurant Association. To cover the main aspects of accounting and finance of the company, I have divided my questions into three groups: reporting procedures, payroll and annual budget. After I talked to Scott, I conducted a brief research on how other 5013c organizations manage their funds. Reporting procedures Nevada Restaurant…

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    Limited Liability Company

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    The Limited Liability Company (LLC) is the newest form of business legal structure that allows owners the protection from personal liability that is provided to the corporate structure and the pass-through taxation of the partnership. Laws regarding the LLC are evolving, and some issues are complicated. Most certainly, discuss this option with an attorney and/or an accountant to determine the best course of action for your business. An LLC has its own advantages and disadvantages Advantages *…

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    business, they can form a sole proprietorship, partnership, limited liability company, or a corporation. A sole proprietorship refers to a business that is owned and managed by one person. A partnership is a business where two people agree to be co-owners of a business and general participate in management and share the incoming profits. A limited liability company is relatively new in terms of business formations. It is a company that is a combination of a partnership and corporation. A…

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    be quantified, it is very difficult to measure and quantify for the benefits that come along with SOX (Jahmani & Dowling, 2008). According to Suraj Srinivasan from Harvard Business School, “Markets have been able to use the information to assess companies more effectively, managers have improved internal processes, and the internal control testing has become more cost-effective over time.” (Hanna, 2014). Steve Schwarzman, CEO of private-equity juggernaut Blackstone, recently said that…

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    Business Concepts: Restaurant Style Since I was about nine years-old, I have always wanted to own my own restaurant. I am currently taking the steps needed to achieve my goals. While in college, I have learned so much about business and all the different types. I realize that I cannot just open my restaurant overnight, so learning and observing everything that I can will benefit me in the long run. So far the major business concepts of owning a restaurant are: forms of business ownership,…

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    In 2002 the introduction of the concept of single member company is to facilitate sole proprietorship to get corporate status, giving them certain privileges. Single Member Company: It is a company which is formed by a single individual, limited by shares with one member. It is a subclass of a private company. In SMC there is one owner and also a single director which is owner. They required auditor under role of 1984. The secretary can be a member other than the secretary. They have various…

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    tax rate then companies and individuals. A limited liability company (LLC) does not have stockholders, it is comprised of members that have an interest in the company but do not have any personal liability if the company were to be sued. A LLC must file an Articles of Organization with the Secretary of State in order to become a limited liability company. A sole proprietorship is a business that one person owns. They are personally liable for the company, whereas, if the company would be…

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