AC-corporation would best serve these concerns.
Your current sole proprietorship has plenty of profit to warrant the expense of a more complex form of business. You're also taxed at the highest personal income tax rates.

Your sole proprietorship leaves you wide open for liability problems putting all your personal assets at risk along with your business assets. Transforming to a corporation you'll need to still carry sufficient insurance but any losses will be restrict to your corporation's assets.

The corporation has unlimited continuance since it has its own legal identity. Your death or incapacity won't terminate your business.

You can maintain control of your corporation by owning the majority of outstanding shares. This way you control who will be the management officers and can appoint yourself as one. Through your control you can set all salaries for yourself and others and determine how much the corporation will retain earnings rather than distribute as…...

Business Forms
One of the most important decisions for entrepreneurs is determining the most suitable form of business ownership when setting up a business. For Adam and Laura who are seeking to establish a pet grooming shop named Dazzling Doggies Day Spa, the determination of a suitable form of business ownership is critical towards ensuring the success of their business venture. When making the decision, Adam and Laura need to consider various factors surrounding their business venture including the fact that Beth, Laura’s mother, would like to contribute towards the startup costs without being involved in the everyday business operations, but wants a share of the business’ profits.
In light of these factors, there are two considerable options for Adam and Laura i.e. a corporation and limited partnership. A corporation is a form of business ownership in which the business is considered as a legal entity that is separate from its shareholders.…...

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References

Manjunatha, K. & Ahamed, M.N. (2013, Sep-Oct). Pertinent Relationship of Unethical Practices of Business on Company’s Credibility. IOSR Journal of Business and Management, 13(2), 18-22.

Matheson, J.H. (2002). Choice of Organizational Form for the Start-Up Business. Minnesota Journal of Business Law & Entrepreneurship. Retrieved from  

http://scholarship.law.umn.edu/cgi/viewcontent.cgi?article=1111&context=faculty_articles 

Legal Business Form Implemented at Treme
Legal Form of Business for Treme

When an entrepreneur starts an industry, he or she should always have a vision of what their business should be like and in most cases, this is done through looking at the positives that will bring success and good fortune to the business. It is very essential for an entrepreneur to have information and know how to use good production practices since this is what brings into the open success to any company or professional, including the design firm and the industrial designer. When an entrepreneur has focused on what his business would like then it is very important consider the fact that there could also be unfavorable conditions that would hinder the success of the business (Spadaccini, 2007).

Some of the disputes that a business might meet are such as insufficient income, disaster among other eventuality and this means a…...

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References

Fullen, S.L. (2005). Opening a Restaurant or Other Food Business Starter Kit: How to Prepare a Restaurant Business Plan & Feasibility Study. Atlanta: Atlantic Publishing

Company.

Siddiqui, S.A. (2006). Managerial Economics and Financial Analysis. Chicago: New Age International.

Spadaccini, M. (2007). Business Structures: Forming a Corporation, LLC, Partnership, or Sole Proprietorship. New York: Entrepreneur Press.

Apex Training Company
A sole proprietorship is a business that has no separate legal entity from the owner. This structure made sense initially when the business was just Martha, working by herself. Whatever income that the business earned was income that she earned, so it flowed through directly to her. More important, the expenses associated with the business also flowed through. The result was probably some tax savings, because at that point the business was not making money, and Martha would not have paid income taxes.

Today, there should be concerns about running the business as a sole proprietorship. First, in most jurisdictions the corporate tax rate is lower than the personal one. At $4.2 million in revenue, there may be profit that is fairly significant. As the business grows, Martha will pay significantly more taxes on the company's income at the personal rate than if it was taxed at the business…...

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References

Burney, A. (2016). Can a sole proprietorship have employees? Houston Chronicle. Retrieved April 24, 2016 from  http://smallbusiness.chron.com/can-sole-proprietorship-employees-14423.html 

Entrepreneur (2016). Sole proprietorship. Entrepreneur Magazine. Retrieved April 24, 2016 from  https://www.entrepreneur.com/encyclopedia/sole-proprietorship 

Investopedia (2016). Limited liability company -- LLC. Investopedia. Retrieved April 24, 2016 from  http://www.investopedia.com/terms/l/llc.asp

Business Plan
Description of the Business

The business is a gourmet candy shop. The shop will sell gourmet candy that has been sourced from all over the world. The shop will operate with one storefront location, and there will be an Internet/mail order component as well.

The rationale for the business is simply. There is a growing trend towards hedonistic approaches to dining. We have seen in the past few years the rise of the bacon fetish, high end craft beer and coffee, cupcakes, the move of fine dining to the mass market and a full embrace by Americans of better quality indulgent goods. Much of this trend can be credited to the aging of the population, as people seek to maximize pleasure. They have the financial means to treat themselves, and seek to balance this hedonism with a desire to be healthy. The intersection of these ideals is where indulgences are small,…...

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References

Bailey, E. (2013). Pros and cons of incorporation. Suite101.com. Retrieved November 14, 2013 from http://suite101.com/a/pros-and-cons-of-incorporation-a42401

FASB. (2013). International convergence of accounting standards. Financial Accounting Standards Board. Retrieved November 14, 2013 from  http://www.fasb.org/jsp/FASB/Page/SectionPage&cid=1176156245663 

IRS.gov. (2013). Publication 946. Internal Revenue Service. Retrieved November 14, 2013 from  http://www.irs.gov/publications/p946/ar02.html#en_US_2012_publink1000270861 

NCA. (2013). Profile of the U.S. candy industry. National Confectioners' Association. Retrieved November 14, 2013 from  http://www.candyusa.com/content.cfm?ItemNumber=1607

Business Plan
Business Financial Plan for Sweet Tooth Treats

Baking has always been a major part of my family life, and for generations there has been infamous cookie recipes past down from one cook to the next. Every holiday season, my cookies are notorious for being the best any gift receivers have ever had. Finally, I believe it is time to make my baking hobby and actual money making enterprise. I know I have the recipe, the potential customers, and options for both retail space and an online presence. The only thing missing is the initial push to make this hobby an actual business -- Sweet Tooth Treats.

Business Start Up Plan

Product

The essentially product here is the various cookies, of different flavors and ingredients. I have several recipes for cookies, both permanent and seasonal variations. These products will be sold in both individual sales at a retail location, and in bulk for gifts…...

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References

Colorado Small Business Association. (2012). The beginning balance sheet. Documents. Web.  https://www.coloradosbdc.org/DocumentMaster.aspx?doc=4 

Damrauer, Virginia Hire. (2010). One Good Cookie. National University. Web.  http://www.academia.edu/346438/One_Good_Cookie_A_Business_Plan 

Hub Pages. (2012). How to start your own cookie business from home. Small Business and Entrepreneurs. Web.  http://kathrynvercillo.hubpages.com/hub/Start_Your_Own_Cookie_Business 

Office of Financial Management. (2012). Generally Accepted Accounting Principles (GAAP). Accounting Principles. Web.  http://www.ofm.wa.gov/policy/80.20.htm

However, as Nick is unqualified for the position, the medical question is moot -- Nick would not be hired because he has no experience.
Michelle has some past experience and would be under consideration. Under the terms of the Pregnancy Discrimination Act prohibits discrimination on the basis of pregnancy in employment. The Act does not explicitly prohibit Mei-Lin from inquiring about the pregnancy, but it is recommended that she refrain from doing so, as that inquiry could be used against the company in a discrimination suit should Michelle not be hired. Although ethics are not encompassed in the law, from an ethical point-of-view it would be irresponsible for SureBuild to hire Michelle, as working as a jackhammer operator would put the fetus at risk, there could be legal action taken against the company as a result for failing to provide the fetus with adequate duty of care.

Eric is experienced, but…...

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Works Cited:

All Business. (2010). How should you structure your business? All Business. Retrieved October 30, 2010 from  http://www.allbusiness.com/business-planning/business-structures-limited-liability/1679-1.html 

ADA.gov. (2005). A guide to disability rights laws. U.S. Department of Justice. Retrieved October 30, 2010 from http://www.ada.gov/cguide.htm#anchor62335

Pregnancy Discrimination Act (1978). Retrieved October 30, 2010 from  http://employment.findlaw.com/employment/employment-employee-discrimination-harassment/employment-employee-pregnancy-discrimination-top/pregnancy-discrimination-act.html 

USDL. (2010). Age discrimination act of 1975. U.S. Department of Labor. Retrieved October 30, 2010 from  http://www.dol.gov/oasam/regs/statutes/age_act.htm

Businesses are the cornerstone of a capitalistic society. Businesses often drive economic growth and overall societal prosperity. In many instances, business can enhance the overall quality of life of those living in civilization. Looking back briefly at history, provides a unique perspective of business as it relates to societal development. Currently, looking at a minimum wage individual living in America today, they are able to perform tasks and activities that many of the wealthiest individuals in society during 1900 could only dream of. The minimum wage individual can watch television, listen to music on a cell phone, use the internet and even control the weather within their vehicle. This has occurred primarily due to the profit incentive embedded in a capitalistic society. The same will occur with Alex, Bill, Carl, Devon, and Xavier as there farm business developments. These same principles are present for all Christians who want their business…...

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References:

1. Barnet, Richard; Ronald E. Muller (1974). Global Reach: The Power of the Multinational Corporation. New York, NY: Simon & Schuster.

2. Blumberg, Phillip I., The Multinational Challenge to Corporation Law: The Search for a New Corporate Personality, (1993)

3. Cadman, John William. The Corporation in New Jersey: Business and Politics,, (1949)

4. Conard, Alfred F Corporations in Perspective. 1976.

Business Expansion
While some entrepreneurs have a valid reason and perhaps valid opportunities to expand their businesses, such a move could have its own unique pitfalls if not well executed. Some of the things to watch out for when expanding a business entity include, but they are not limited to, the most appropriate business form to embrace, the best financing avenues to explore, and the most workable long-term strategy to implement.

There are a number of steps that Kelly should take to prioritize her business growth strategy. One of these, according to Liabotis (2007) is implementing a valid customer growth strategy. Some of the customer growth strategies that Liabotis mentions include, core business driven growth, the sub-segmentation of customers, and further exploitation of adjacent opportunities. Kelly also ought to enhance her market knowledge. This she could do by sourcing for insight from both existing and target clients and familiarizing herself further with…...

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References

Dahl, D. (2010). How to Develop a Business Growth Strategy. Retrieved 19th July 2015, from  http://www.inc.com/guides/small-business-growth-strategies.html 

Liabotis, B. (2007). Three Strategies for Achieving and Sustaining Growth. Retrieved 19th July 2015, from  http://iveybusinessjournal.com/publication/three-strategies-for-achieving-and-sustaining-growth/

Interrelationships of Major Fields of Business Management
The purpose of this paper is to explore the interrelationships of nine key areas of a business, and the synergism that results from the interactions of these key business areas. These interrelationships of all nine key areas of a business create a dynamic, successful, and responsive business by capitalizing on the whole instead of the component parts. To illustrate how synergism arises from these interactions, a fictitious business will be used. The business is a new, small retail business that caters to outdoor enthusiasts such as skiers, climbers and hikers. The retail business is located in the Rocky Mountains, and is called Rocky Mountain Outfitters (RMO). Business arises primarily from store traffic, although a limited web presence provides the opportunity for orders to be placed by mail, phone (voicemail), email or web.

RMO was established in the spring of 2004 as a sole proprietorship. This…...

The control is exercised by at regular board of directors' and annual stockholders' meetings. Records have to be kept to document decisions that are made by the board of directors. In small, closely held corporations operations are more informal, but record-keeping is not eliminated entirely. Officers of a corporation can be liable to stockholders for improper actions. Liability is generally limited to stock ownership, except where fraud is involved (ibid).
The most important attribute of a corporation is that shareholders in the company are not liable for corporate debts. This is the probably the most important attribute of a corporation. In contrast, in a sole proprietorship or a partnership, the owners are personally responsible for all of the business debts. If the assets found in the sole proprietorship or partnership are not adequate to satisfy the debt, creditors can go after each owner's personal assets, such as their bank account,…...

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Works Cited

Gerstein, J. "What Are the Advantages and Disadvantages of Sole Proprietorship, Partnership and Corporation." 247advisor.com. 24/7 Advisor, n.d. Web. 20 Oct 2011.

.

"Incorporation." Legalzoom.com. Legalzoom, 2011. Web. 20 Oct 2011.

Business Plan for a Financial Divorce Software
Business Plan Divorce Software

Business Plan relating to the Sales of a new Financial Divorce Software.

Business Plan relating to the Sales of a new Financial Divorce Software

F

F1

F2

F3

G1

G1(a)

G1(b)

G1(c)

Business Identification

Keys to Success

Company Summary

Industry History

Legal Form of Ownership

Location and Facilities

Management Structure

Products and Service

Market Analysis

Target Market

Industry Analysis

Competitive Analysis

Market Strategy

Ps of Marketing

Price List

Selling Strategy

Sales Forecast

Implementation Strategy

Overall Strategy

Implementation

Control Plan

Financial Statements and Projections

evenue and Cost Estimate

Forecasted Profit and Loss Statement

Forecasted Balance Sheet

Financial Assumptions

Breakeven Point

Financial Position

Capital/Investment Needs

Conclusion

eferences

Executive Summary

Financial planning is involved in every aspect of life. Individuals and businesses have to formulate their daily, monthly, and yearly budgets in order to achieve a balance between their incomes and expenditures. Among other matters, divorce is also a critical issue in individuals' lives. In addition to family conflicts and break-ups, divorce also brings serious financial problems for both the parties (Women Advisors Forum, 2011). Therefore, it is very important to have advice from financial planners…...

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References

Association of Divorce Financial Planners, (2012). Divorce Financial Planning. Retrieved on July 7th, 2012, from

Blythe, J. & Megicks, P. (2010). Marketing Planning: Strategy, Environment and Context, 3rd Edition. U.K: Prentice Hall

Cadle, J., Paul, D., & Yeates, D. (2010). Business Analysis, 2nd Edition. Swindon: British Informatics Society

Francis, P. (2010). Creating the Marketing Executive of the Future Using Key Deming Principles, Journal of Executive Education, 9 (1): 127-138

As part of the research triangle, Raleigh has a significant portion of its population that fits the target market. For the Farmery to succeed, it only needs to capture a small portion of the market share. This is especially true because the store has a small footprint, and has the flexibility to set up on vacant lots without the costs of either renting or developing fixed real estate. The Farmery therefore needs to focus on two or three key elements to ensure adequate market penetration.
The first of these is location. Let it not be understated that location, location, location is critical to the success of any retail business. Because food is not normally something that people are willing to travel more than a few miles for, it is important that the Farmery target a neighborhood where there is a high concentration of individuals that fit the target market. There…...

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Works Cited:

Falk, T. (2012). Detroit turns shipping containers into condos. Smart Planet. Retrieved December 4, 2012 from  http://www.smartplanet.com/blog/bulletin/detroit-turns-shipping-containers-into-condos/5900 

Food Marketing Institute. (2012). Supermarket facts. Food Marketing Institute. Retrieved December 4, 2012 from  http://www.fmi.org/research-resources/supermarket-facts 

Greene, B. (2012) the Farmery. Kickstarter.com Retrieved December 4, 2012 from  http://www.kickstarter.com/projects/farmery/the-farmery 

Imlay, T. (2006). Challenges in today's U.S. supermarket industry. Microsoft. Retrieved December 4, 2012 from http://msdn.microsoft.com/en-us/library/aa479076.aspx

The office and administrative expenses would remain constant even to that point, as would the insurance expense.
Exhibit B: Cash Flow Statement, Year Two

At this point, the business is earning a healthy return and Mr. Ahn is receiving will be able to bring in a reasonable salary. The nature of the business may well change at this point. At the maximum revenue of $144,000 per year the pretax profit would be $63,600. As a result, it is likely that a clinic will be formed with other practitioners in order to minimize expenses and increase profitability.

e did not include taxes in our cash flow examples because the company is going to be set up as a sole proprietorship. This means that the income from the company will be rolled into the income for Mr. Ahn, as well as his liabilities. Mr. Ahn's personal expenses are therefore not included in the model,…...

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Works Cited

No author (2007). Traditional Chinese Medicine. Alternative Medicine Foundation. Retrieved December 18, 2008 at  http://www.amfoundation.org/tcm.htm 

No author (2005). Regulation of TCM in the United States. Medscape Today. Retrieved December 18, 2008 at  http://www.medscape.com/viewarticle/511877_7 

No author (2008). HIV / AIDS, the U.S.-China Partnership for Public Health at Work, and Traditional Chinese Medicine in the U.S. Fact Sheet. U.S. Department of Health and Human Services. Retrieved December 18, 2008 at  http://www.hhs.gov/news/facts/chinahiv.html 

Census information from U.S. Census Bureau. Retrieved December 18, 2008 at  http://factfinder.census.gov/home/saff/main.html?_lang=en

.
One tactic which has made the John Doe group unique in the industry is its recognition of the importance of community in the viability of individual enterprises. Its damaged relationship with the communities in which it has sought to operate can be rectified by aspects of its model which are already in place. Though the company operates thousands of funeral service establishments from a centralized point of authority, its acquisition strategy incorporates the families who have owned and operated the newly purchased assets into the business plan. As a result, John Doe's holdings are hybrid entities, armed with the resources of a large parent company but endowed with the close community relationship of an independent business. Taking advantage of this model should be central to the company's overall reversal of its negative public image. This will demand that the new core of central leadership make an effort to increase…...