A Case Study for a Business Organization

A Case Study for a Business Organization Betty can operate her business in various ways, which include a franchise, a sole proprietorship, a corporation, a limited liability company and a partnership. To start with, a limited liability (LLC) company is a business enterprise, which blends the characteristics of a partnership and a sole proprietorship.Advertising We will write a custom case study sample on A Case Study for a Business Organization specifically for you for only $16.05 $11/page Learn More This entity gives a limited liability to the shareholders of the company. In which case, if a business goes under during its existence, one can only sue the business as an entity without affecting the legal entity of the individual shareholders. This goes off as a major advantage for this entity (Harold 1983). On the other hand, when two or more people come together to operate a business, they form a partnership. At start up, or during the operation of the business, each partner contributes an agreed s hare of the resources required to run the business. This can be in terms of labor, money, land, and at the end gains a reward depending on an agreed formula. Under the current US laws, a partnership does not pay income tax. However, the shareholders of this entity must file their respective shares of the entity’s profits and losses in their individual tax returns (Cooke 1950). On its part, a corporation is a legal entity incorporated through registration and with legal rights and liabilities. Corporations are on their own, entities with a board of directors heading them. The other business form, which Betty can undertake, is a franchise. In this business form, a franchisor allows the franchisee to use his trademark and distribute the trademarked goods or services (Cooke 1950). For a start up business as Betty is intending to operate, a franchise is the most appropriate model to adopt. Here, Betty gets an already established brand name, which would help her a great deal in min imizing losses during the break-even period. As well, almost all franchisors provide business training and technical knowhow to their franchisees. She would access the much-needed knowhow for her startup venture (Gurnick 2011). It would be necessary for Betty to join hands with other interested investors to operate the business. One of the interested investors is her husband only wants to contribute capital to the business. Another interested person is Erma a non-Christian. Erma, though not Christian, shares Betty’s vision of a â€Å"Christian coffee place†, and would provide an invaluable contribution to the business. It is important to point out that the vision of any organization is what drives it and as such, Erma would come in as an essential stakeholder in this venture.Advertising Looking for case study on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More On the other hand, Betty’s siste r, Alice comes off as dispassionate and does not identify with the venture’s mission. She lacks the energy that would contribute to the success of the business. It would be suicidal for Betty to accept her solely on the reason that she wants to get out of the house. Betty should explain these reasons to her sister. The name â€Å"The Gathering Place† is most appropriate for the coffeehouse. However, a search at the State of North Carolina’s registry reveals that the name is already in use by a nonprofit organization. For that reason, it would be illegal for her to use the name for trade marking purposes. However, most franchisors already have an established brand name. Betty could choose to use the franchisor’s name for her coffeehouse instead of dwelling on choosing a new one. References Cooke, C.A. (1950). Corporation, Trust and Company: A legal History. New York: Oxford University Press. Gurnick, D. T. (2011). Distribution law of the United States. U.S .: Juris. Harold, J. B. (1983). The Impact of Limited Liability and Control. Cambridge:Harvard University Press.

the advantage and disadvantag essays

the advantage and disadvantag essays In hot summer, come into the market, supermarket, will see the advertising campaign like a raging fire everywhere, And the possibility that often see and not waning for a long time is promoting at a discount. Shelve put to convert into money item are a feast for the eyes, very much showy a lot of, Some have disposed and promote personnel especially. Goods converting into money are mostly the daily articles, for example there is washing powder , the beverage , Paper handkerchief,etc.. Have the promotion at a discounts one ways a lot,such as: " buy X hand over X", favourable to sell at a discount while being heavy, is overbalance to add and send off and wait a moment direct converting into money. " converting into money" that we say, mean that the manufacturer passed the price which reduced the products, Promote and sell by way of giving special consideration to the consumer. One of the mains decisive factor while choosing the goods that because the price is often the consumer, Especially at products homogeneity ization high brand correlated with what time does it cost, the influence power of the price seems heavier by image. So, more and more commercials this kind of way of factory come to carry on popularization and promotion of the Generally speaking, this kind of promotion way can improve consumers to concern degree that retailed some goods to convert into money, Extremely effective in promoting and retail the sale clicked, its promotion to short-term sales volume has result of getting instant result. So, are often used as the smooth solving medicine of sales volume extensively by the enterprise  @ However, some marketing personnel deeply convinced ," converting into money" hasgreat strength of wounding to the brand, It may cause the negative effect to reach the profit of the enterprise and long-term goal. It can really influence consumers to convert into money, attract consumers to go to buy, make the products cause ...

Answer 3 questions after reading the article Assignment

Answer 3 questions after reading the article - Assignment Example That is the reason why the writer goes into details by explaining how the product exactly works. The information is meant to guarantee the audience of high quality medical standards of the product and the company that produces it. Additionally, the writer intends to show the efficiency of the product to the audience and offer assurance. The manner in which the information is simplified and structured goes to show that it is meant for an audience that suffers or has a history of heart conditions. It is notable that each paragraph presents an idea of its own. Each paragraph is designed to address another aspect of the overall message. This implies that the ideas are continuous and complement ones found in previous paragraphs. This brings about a comprehensive, coherent and a logical flowing report. It is important for each paragraph to be designed that way as it improves readability and understanding of the