Entity-relationship model

The form of business that Shania should engage in to open up her coffeehouse should be a limited partnership. If she were to open as a sole proprietor, although inexpensive, she is liable for everything that happens to her business, and she is the only one dependent upon supplying the necessities for the business to operate. These necessities include: the capital to start the business, property, and all other factors that are required to get a business started. By reaching out to her husband,…

finances to the R&D department as well as to the human resources department to pay the workers. When a product is introduced to the market, the customer service team is responsible to provide the products to the customers and keeping a healthy relationship with them and finally the IT team provides their service in case a computerized device breaks…

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,…

Disclaimer: All characters and events depicted below are purely fictional. Any resemblance to a real person, living or dead is coincidental. However, this dialogue is a product placement for a real business enterprise. TARA-G Catering Services Characters: -STEVE OWOYOKUN, an undecisive maniac in his late 20s, easily agitated by unforeseen events, considers himself a scholastic democrat with high self-esteem and contemptuous gentility, most of all he relishes high-end delicacies. -MARK…

Don’t Get Caught Making These 10 Common Writing Mistakes, Or Else I know, right? Rules sometimes hinder creativity. This is the reason why some writers don’t like to follow rules on grammar and sentence construction. It’s so hard to play with words if you have to think about the restrictions. But if you 're writing a book or a formal paper, then you need to stick to the rules. There’s no other way to do it since you 're writing for a larger audience and much more formal audience. Now, if you…

As a corporation, Tilly’s business would be a separate legal entity, which exists separate from her personal interests. Thus, this business form would give her the most liability protection from corporate debts and obligations. It also provides the advantages of unlimited life, transferability of shares and the ability…

The main types of business organisations in the UK private sector are sole traders, partnerships, private limited companies and public limited companies. These are set up in this sector so that they survive by making a profit, if a business doesn’t make a profit it won’t be able to succeed against its competitors in its market. Each different area of the uk private sector has different rules in which it must abide by for legal reasons. 1.0 Introduction This report will analyse the main types…

all expectations our customers have. Here at Sunshine Flower Shop we guarantee customer satisfaction with our professionalism that comes with a spot on attention to detail, affordable prices and on time delivery. Sole proprietor is the business entity that is best for my business, since I will be the owner and be managing the shop. “Honor the Lord with your wealth and with the firstfruits of all your produce” Proverbs. 3:9 I believe that being a sole proprietor and Christian will help my…

clear headings would aid the courts to justify whether lifting the veil. The consequence of this could impact the economy of this country discouraging people to invest in businesses fearing of full liability. Common law has shown a contradictory relationship. However the fluidity allows the courts to shape it on a case by case basis. The courts are not afraid to lift the veil but they have also set a high standard to when that can occur. Lord Denning suggested that the veil perhaps can be lifted…

A. Business Entity Distinctions Business entities are chosen based on three criteria: liability, taxation, and recordkeeping. The first criterion (liability) focuses on how much debt an owner is personally liable for as well as how the debt ratio affects an owner’s ability to acquire capital. In his current election as a sole proprietorship, Mr. Jones is personally liable for all debts incurred while in operation. If Mr. Jones is unable to repay business debts; his personal assets can be seized…