What are sole proprietorship? What does it mean when people refer to general partnership, and is it applicable to your business or startup.
Get answers that are specific to your business and concerns and learn from queries and responses given to others based on real life ongoing business challenges.
What are sole proprietorship? What does it mean when people refer to general partnership, and is it applicable to your business or startup.
Get answers that are specific to your business and concerns and learn from queries and responses given to others based on real life ongoing business challenges.
Background of Company Law in England,
Background of Company Law in India,
Definition of Company,
Nature & Characteristics,
Features of Company,
Lifting the corporate veil,
Types of Companies,
Formation of a Company,
Memorandum & Article of Association,
Prospectus,
Share & Share Capita,
Company Management & Director,
Meetings,
Borrowing Powers,
Debentures & Charges,
Accounts & Auditors,
Prevention of oppression & Mismanagement,
Winding up,
Models of Corporate Governance
CORPORATE GOVERNANCE SYSTEMS
Efforts made for Effective Corporate Governance
Cadbury Committee
Sarbanes Oxley Act, 2002
Global Corporate Governance
External Auditor
Trends in Governance in Major MNC’s
India
China
Japan
Other European Model
Background of Company Law in England,
Background of Company Law in India,
Definition of Company,
Nature & Characteristics,
Features of Company,
Lifting the corporate veil,
Types of Companies,
Formation of a Company,
Memorandum & Article of Association,
Prospectus,
Share & Share Capita,
Company Management & Director,
Meetings,
Borrowing Powers,
Debentures & Charges,
Accounts & Auditors,
Prevention of oppression & Mismanagement,
Winding up,
Models of Corporate Governance
CORPORATE GOVERNANCE SYSTEMS
Efforts made for Effective Corporate Governance
Cadbury Committee
Sarbanes Oxley Act, 2002
Global Corporate Governance
External Auditor
Trends in Governance in Major MNC’s
India
China
Japan
Other European Model
Are you searching on the internet for which types of business forms are suitable for you, and make it big internationally in the future? Well, you're in the right spot! Today, I'll help you understand all you need to know about setting up a new business. There are some important things to keep in mind when registering your business, and I'll break them down for you. Let's make this journey simple and exciting!
In India, businesses can be of different types, each with its own good and not-so-good parts. There's the simplest one called sole proprietorship, great for small businesses. Then there are partnerships where a bunch of people share the good and bad stuff together.
LLPs are cool because they give some protection to the partners, and private limited companies also do that for the people who own shares, but there are some rules. Public limited companies can get money from the public through the stock market. Each type has rules you need to follow, and these rules affect how businesses work and make decisions.
Introduction to business finance by Ayesha Noor Ayesha Noor
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It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
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Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
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3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
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1. Introduction and Key Concepts of Sustainability
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4. Sustainability Implementation & Best Practices
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As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
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Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
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Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
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Explore the world of the Taurus zodiac sign. Learn about their stability, determination, and appreciation for beauty. Discover how Taureans' grounded nature and hardworking mindset define their unique personality.
Improving profitability for small businessBen Wann
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7. Sole Proprietorship A serious disadvantage to owning a sole proprietorship is that you have unlimited liability , or full responsibility for your company’s debts.
8. Partnership A partnership is a business owned by two or more persons who share the risks and rewards. To start a partnership you need to draw up a partnership agreement, which is a contract that outlines the rights and responsibilities of each partner.
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11. Graphic Organizer Similarities and Differences Between Partnerships and Sole Proprietorships Increased diversity of experience Shared losses Combined funds Both Pride in owning and running business Easy to set up Low taxes Unlimited liability for debts Huge time demands Quicker decision- making Owner keeps all profits Owner is own boss Relatively easy to get credit Partnerships Sole Proprietorships Shared decision- making
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14. Corporation A corporation is a business owned by many people but treated by law as one person. To form a corporation, you need to get a corporate charter from the state your headquarters is in.
15. Corporation To raise money, you can sell stock , or shares of ownership in your corporation. For each share of common stock, the stockholder gets a share of the profits and a vote on how the business is run. You also must have a board of directors who control the corporation.
16. Corporation A major advantage of a corporation is its limited liability . If your company loses money, the stockholders lose only what they invested. Another advantage is that the corporation doesn’t end if the owners sell their shares.
17. Corporation A disadvantage of a corporation is that you often have to pay more taxes.
18. Corporation The government closely regulates corporations. It is more difficult to start a corporation than a sole proprietorship or a partnership and running a corporation can be much more complicated.
19. Figure 6.1 GENERATIONS OF FAMILY-OWNED BUSINESSES Family-owned businesses are sometimes kept in the family for more than one generation. 4. What percentage of families have had their family-owned businesses for two or more generations?
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21. Alternative Ways to Do Business Franchises, cooperatives, and nonprofit organizations offer you other ways to do business.
22. Franchise A franchise is a contractual agreement to sell a company’s products or services in a designated geographic area. To run a franchise you have to invest money and pay the franchisor an annual fee or a share of the profits. In return, the franchisor offers a well-known name and a business plan.
23. Franchise You can operate a franchise yourself, as a sole proprietor, as a partnership with someone else, or even as a corporation.
24. Franchise An advantage of opening a franchise is that it’s easy to start. The name of the parent company can be a big draw for customers. The disadvantage of running a franchise is that the franchisor is often very strict about how the business is run.
25. Nonprofit Organization A nonprofit organization is a type of business that focuses on providing a service rather than making a profit. Like a corporation, a nonprofit organization has to register with the government and might be run by a board of directors.
26. Nonprofit Organization Because it doesn’t make a profit, a nonprofit organization doesn’t have to pay taxes. Donors don’t receive dividends like investors, but they can deduct their donations from their taxes.
27. Cooperative A cooperative is an organization owned and operated by its members for the purpose of saving money on the purchase of certain goods and services.
28. Cooperative A cooperative is like a corporation in that it exists as a separate entity from the individual businesses. A cooperative can sell stock and choose a board of directors to run it. Cooperatives pay less in taxes than regular corporations do. Cooperatives can save money by buying insurance, supplies, and advertising as a group.
29. Fast Review 9. What are some examples of franchise businesses? 10. What types of assistance does the franchisor give a franchisee? 11. How is a nonprofit organization like and unlike a corporation? 12. What are some advantages of a cooperative?
30. Compaq Computers and Cisco Systems don’t build their own products anymore. These companies rely on Flextronics, a company that specializes in manufacturing electronics, to build their equipment. continued Manufacturing Products
31. This allows Compaq and Cisco to focus on creating new products. Flextronics has grown into a global contractor that produces $10.5 billion a year in electronic gizmos. continued Manufacturing Products
32. 13. What do Compaq Computers and Cisco Systems give up when they rely on an outside manufacturer? Analyze
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34. Producers A producer is a business that gathers raw products in their natural state. Raw goods are materials gathered in their original state from natural resources such as land and water.
35. Processors Processors change raw materials into more finished products. Processed goods are made from raw goods and may require further processing.
36. Manufacturers Manufacturers are businesses that make finished products out of processed goods. The finished products need no further processing and are ready for market.
37. Intermediaries An intermediary is a business that moves goods from one business to another. It buys goods, stores them, and then resells them. A wholesaler , also known as a distributor, distributes goods.
38. Intermediaries Wholesalers buy goods from manufacturers in huge quantities and resell them in smaller quantities to their customers, usually other companies. A retailer purchases goods from a wholesaler and resells them to the consumer, or the final buyer of the goods.
39. Service Businesses Service businesses provide services rather than goods. Services are the products of a skill or an activity, such as hairstyling and car repair. Some service businesses meet needs, such as medical clinics and law firms. Some provide conveniences, such as taxi companies and copy shops.
40. Fast Review 14. What is the difference between a producer and a processor? 15. Describe the activities performed by businesses. 16. What does an intermediary do? 17. Give examples of service businesses.
41. 18. What’s the aim of joining forces and starting an organization? 19. What’s the benefit of going into business for yourself? 20. Can a business have a contractual agreement with its customers?
42. pp. 84-97 End of Chapter 6 Business Ownership and Operations