McCain Foods Limited

premises at least once a week. Lastly, pay attention to the rate of staff turnover. On average the staff turnover should be 20% annually for restaurants with table service and 150% for workers who turn on an hourly basis. Despite the fact that the food is delicious and the beverage servers are flaky, treat the nice customers properly and they will stick…

In the modern world, there are many different countries with different systems of government. In Aldous Huxley’s utopian world, there is only one country, the “World State,” and one government, led by Mustapha Mond and the world controllers. This government system works and runs as a well-oiled machine with very little disruptions, which contributes to its success as a government. For the people of this “World State,” their government and habitations are a utopia, as is evident through the…

results in confusion about roles. Corporate structure typically designates directors, managers, employees, etc. LLCs generally do not; which can lead to confusion regarding who is in charge, who is eligible to sign contracts, etc. Lastly, LLCs have a limited life. If a member departs the company, the LLC ceases to exist. Corporate setups prevent individual shareholders from affecting the identity of the company. Of course, some of these issues can be addressed through carefully prepared…

Sole proprietorship fully rests upon the owner. The income of the Sole proprietorship is considered as the income of the business owner and tax applied to it is not the corporate income tax, but the personal income tax that ranges from 0% - 20%. Limited Liability…

There are many different types of business to consider when an individual starts their own business. The three main types are a Sole Proprietorship, Corporation and a Limited Liability Company. There are also many areas of business that an individual could pursue. Personally, if I could open my dream business it would be an equine (horse) boarding business ran by my husband and I. This business would involve the boarding of horses for extended periods, giving them quality care while their…

creditors, employees and the community. There are advantage and disadvantage for stakeholder when dealing with or using a limited liability company (LLC) structure for small businesses in New Zealand. In a limited liability company, shareholders will have many advantages and also some disadvantages under the New Zealand company structure. The shareholders have tax benefits in a Limited Liability Company. Shareholders can choose to be taxed as a sole proprietor, partnership which pass through…

being viable and profitable in their own right, give FMN a tremendous competitive advantage in terms of agility, efficiency, and service delivery. In addition to all these ventures, Flour Mills of Nigeria’s interest in becoming the nation’s dominant food business company is furthered by entities operating in agriculture, livestock feed and pasta manufacturing. THIS IS THE STORY OF JACK OF ALL TRADE MASTER OF…

• Step 1: Corporation or LLC action Company owners must approve the dissolution of the business. With corporations, the shareholders must approve the action; with limited liability companies (LLCs), members grant approval. For small businesses, shareholders or members are often involved in day-to-day operations, and typically know the circumstances. The bylaws of a corporation and the LLC operating agreement typically outline the dissolution process and needed approvals. To comply with…

For the Love of COFFEE! Business is all around us. When we go to the store we make transactions, when a business is going strong they are making profit, when a business it just being created it’s called a start-up. Business is not only a part of a lifestyle to other’s it is their life. It gives entrepreneurs a way to express themselves through their ideas. A way to see what they’ve created through their hard work to see what they’re worth. An entrepreneur is a person who takes the risk of…

proprietorship, partnership, limited liability, and corporation. Beginning with sole proprietorships, Roger Miller identifies it as “the simplest form of business”. The reason behind that definition is because the owner is in control of everything related to the business.…