Business structure section

Assignment Help Operation Management
Reference no: EM132841437

Visit the Choose Your Business Structure section of the U.S. Small Business Administration's website.

If you were to start your own business, which business entity structure would you choose? Justify why your chosen structure is the best organizational form.

Explain the following business structures: sole proprietorship, partnership, LLC, and a corporation. In your analysis address the following for each business structure:

Steps to form

Personal liability for owners

Taxation

Advantages and disadvantages

Reference no: EM132841437

Questions Cloud

What is the impact of globalisation-ethnoscapes : What is the impact of globalisation - ethnoscapes (Appadurai global flows) on FMCG industry
Prepare the amortization table for the lease liability : Annual rental is P400, 000 payable at the beginning of each year. Prepare the amortization table for the lease liability
Describe the purpose of scatter diagrams : Describe the purpose of scatter diagrams, and discuss how you would determine whether positive, negative, or no correlation exists between two variables
Describe which are considered to be manufacturing costs : Manufacturing costs are also known as product costs. Which of the following best describes those costs which are considered to be manufacturing costs?
Business structure section : Business structures: sole proprietorship, partnership, LLC, and a corporation. In your analysis address the following for each business structure.
What are the ethical implications of citizen united : What are the ethical implications of Citizen's United? The Court has said it is legal for corporations to spend unlimited amounts of money to influence public p
How do you reach an unmotivated student : Develop an argument to support technology in the early childhood education classroom for a parent who does not believe in any screen time for young children.
How much is the total receivable related to the loan : The effective interest rate is 9%. On December 31, 2020, how much is the total receivable related to the loan to Nick Company
Explain current state and the improved state : Describe the problem, then discuss how you applied the process. What were your results? What would you change about the methods you used?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd