Types of Businesses

Types of Businesses Outline Definition of each Business model Break down of each model Memorandum Sole Proprietorship: enterprise that is owned and controlled by one person and where there is no legal distinction between the proprietor and the enterprise. General Partnership: A partnership is fashioned when two or more individuals consents to carry on an enterprise jointly. Limited Partnership: Where two or more parties join together to from a company where the management is broken down into general partnerships and limited partnerships. C-Corporation: As a rule most clear trait of the corporation is that it is officially regarded as a private unit, disconnected from its proprietors, who are own the shares of the company. S-Corporation: A special form of corporation that that has the benefits of limited liability but the profits and losses go right to the shareholders. Limited Liability Company: type of company, authorized only in some states, whose owners and managers receive the limited liability and (usually) tax benefits of an S Corporation without having to conform to the S corporation restrictions. Break Down Of Each Model Sole Proprietorship: Liability: All resources of the enterprise are possessed by the owner and all amounts outstanding of the enterprise are their debts and they must pay them from their personal funds. This means that the proprietor has infinite liability. Income Taxes: All earnings from the company will be taxed as income. Sole proprietors are required to report all the companys earnings or lack or earnings on their private tax return; the enterprise itself is not taxed independently. The owner pays self employment tax. Longevity or Continuity of the Organization: Sole proprietors have a track recorded of limited longevity because of the fact that their have a harder time finding funding. Most if not all of the funding comes from the individual owners assists. This also influences the enterprises ability to grow in the future. Control: Sole Proprietorship offer the most control of any enterprise. The owner has all the say in how the company is ran. Profit Retention: Sole Proprietorships offer the most returns on profits to the owner. In a nutshell anything that the company makes as profits are in fact the owners because from a legal stand point the company and the owner are the same. Location: Sole Proprietorships can pretty much be anywhere. Yet, depending on the laws of the areas that one is doing operating in it may be necessary to get a DBA or Doing Business As certificate. This can be filled at most county clerks office throughout the United States. Convenience or Burden: A sole proprietor has absolute command and managerial clout over the establishment. Selling or transferring can happen at the option of the owner. The owner doesnt pay a corporate tax. Burdens of a sole proprietorship are that the proprietor is legally responsible for the sum unpaid and commitment of the enterprise. Furthermore, broaden to any responsibilities acquired by deeds carry out by staff of the business. All tasks and day to day running is done by the owner. It is very hard to get investors to invest their funds in these types of companies. General Partnership: Liability: All resources of the enterprise are possessed by the owners and all debts of the enterprise are their debts and they must pay them from their personal funds. This means that the proprietors have all the liability. Yet, the liability is shared so some kind of a buffer exists. Income Taxes: All earnings from the company will be taxed as income. The proprietors are required to report all the companys earnings or lack of earnings on their personal tax return; the enterprise itself is not taxed separately. Longevity or Continuity of the Organization: General Partnership have a track recorded of limited longevity because of the fact that their have a harder time finding funding. Most if not all of the funding comes from the proprietors owners assists. This also influences the enterprises ability to grow in the future. Control: Each proprietor usually has an equal amounted vest in the partnership and therefore has equal amount of control. Profit Retention: Each proprietor usually has an equal amounted vest in the partnership and therefore usually has an equal share of the profits. Location: General Partnership can pretty much be anywhere. Yet depending on the laws of the areas that one is doing operating in it may be necessary to get a DBA or Doing Business As certificate. This can be filled at most county clerks office throughout the United States. Also most if not all of General Partnership have some form of a legal written contract so once more it just depends on what state and area one is doing business in if they would have to fill the exact contract at the court house or not. Convenience or Burden: General partnerships provide a means of coming up with funds fast, and can let many individuals merge assets and skills to help the company.The major burden is the owners are accountable for whatever actions the company makes good or bad. All partners may also be held responsible for amount outstanding, choices, and measures done by the other associates or partners. Limited Partnership: Liability: offer personal liability protection for limited partners, but not for general partners Income Taxes: profits from the Limited Partnership generally pass through the partnership and will be reported on the personal income tax returns of the partner Longevity or Continuity of the Organization: of limited longevity because of the fact that their have a harder time finding funding. Often times this is used for fast get in get out types of transactions. Funding is found in the form of investors who become limited partners. Control: General partners make have the most control and limited partners have the least. Profit Retention: Profit Retention is normally based on how much money that the partner puts into the company/venture and at what level the partner is operating as a general or limited partner in the company. Location: required to file documents with the relevant state registration office. Convenience or Burden: A limited partnership is a good fit for those who have the money to invest but doesnt have time needed to run the company or the skill sets to see that things are done right. The major burdens all the paper work it takes to fill this kind og company at the state level. Also general partners are fully liable for everything that happens good or bad. C-Corporation: Liability protects your personal assets by creating a business entity that is distinct and can operate under its own name. Income Taxes: Corporation taxed on its earnings at a corporate level and shareholders are taxed on any distributed dividends Longevity or Continuity of the Organization: They tend to have a longer life span due to the fact that its easier these businesses to seek outside investment. Control: There are many ways that a corporation can operate but for the most part major decisions must be approved by the share holders or the members of the board. Profit Retention: All profits are kept by the company. Salaries are paid based on work that is done for the company. There is no pass through profits to one single person or groups. Location: registered with your secretary of state Convenience or Burden: If a person who owns stock passes away dies or wants to dump their shares, the corporation can still go on without them. Its easier to raise money as a corporation. The business and owners are not one in the same. The enterprise shareholders have no personal legal responsibility for debt made by the company. The biggest draw back is they get taxed twice. S-Corporation: Liability protects your personal assets by creating a business entity that is distinct and can operate under its own name. Income Taxes: one has to fill an IRS Form 2553, the C Corp. becomes a S Corp., the earnings and debts are passed along to the people who own shares in the company. Longevity or Continuity of the Organization: They tend to have a longer life span due to the fact that its easier these businesses to seek outside investment. Control: There are many ways that a corporation can operate but for the most part major decisions must be approved by the share holders or the members of the board. Profit Retention: after paying a reasonable salary to the shareholders working in the business can be passed through as distributions of profits and are not subject to self-employment taxes. Location: registered with your secretary of state. Convenience or Burden: You can have the shelter of limited personal liability without higher taxes. Some burdens are the numerous regulations and requirements must be upheld by an S Corporation, as well as having how many shareholders it can have. Like a C Corp. setting up is expensive and there is a lot of red tape to follow. Limited Liability Company: Liability: the owners are called members, are not accountable stuff that the company did or any money that the company owes. Income Taxes: has major plasticity in this regard because its up to the owners how they pick to be taxed. In example they can pick to be taxed as sole proprietor, partnership, S-corp. or corporation. Longevity or Continuity of the Organization: LLCs are one of the more stable forms of business, because they tend to out live the person who started them.. Control: It doesnt need a board of directors so one can keep most of the control on how the business is run. Profit Retention: The entity is not taxed (unless chosen to be taxed); the earnings and debts are passed along to the people who own shares in the company. Location: registered with your secretary of state Convenience or Burden: It is frequently more accommodating than a corporation and it is complementary for businesses with a solitary proprietor. There is a lack of uniformity among limited liability company statutes. Businesses that operate in more than one state may not receive consistent treatment.

Feelings Of Sadness Essay

This question is about feelings of sadness. Look at the Burial of St John Moore choose one more where there are feelings of sadness. With close reference to the way the poems are written compare and contrast how each speaker conveys his or her feelings of sadness. Show which poem has the more powerful appeal to you emotions. The two poems I am going to use are `The Burial of Sir John Moore` at Corunna by Charles Wolfe and `Remembrance` by Emily Brontà ¯Ã‚ ¿Ã‚ ½. The poem, The Burial of Sir John Moore is a soldier’s-eye-view of what initially appears to be the hurried and rather undignified burial at night of Sir John Moore in an unmarked grave and immediately prior to the retreat of his surviving forces by sea. The clear sadness in this poem is of a death, just what Remembrance deals with. Although Brontà ¯Ã‚ ¿Ã‚ ½ is writing about a death of a lover her use of first person narration, presents the reader with a very powerful description of the emotions surrounding the loss. In the poem, The Burial of Sir John Moore, the funeral they have for the major still respected even though it’s in silence and nothing of what a man of his standards or any soldier should be having. The funeral differs a lot from what a funeral would be if the body was brought back home properly. â€Å"Not a drum was heard, not a funeral note† If that was back home, there would be the complete opposite from that line, all the soldiers would drum and there would be tunes. â€Å"Not a soldier discharged his farewell shot† But on the battlefield they couldn’t make any noise what so ever, therefore the funeral was done in silence. The whole way through the poem you still see how much respect the soldiers have for Sir John Moore, even after he’s dead. They still look up to him as the hero that he is. In the poem â€Å"The Remembrance†, Bronte is talking about her partner that has passed away. Her use of first person narration presents the reader of very powerful descriptions about her love and emotions. The month of December is a very cold and miserable season at times. â€Å"Cold in the earth – and fifteen wild Decembers† So imagining fifteen of them is what life is like for her without her lover. She is never going to find no one like him, â€Å"No later light has lightened up my heaven; No second morn has ever shone for me.† The form of, The Burial of Sir John Moore, is Eight four-line stanzas. The tone is mainly sadness at the loss of a war hero. The reader also senses the loneliness and fear of the soldiers and their guilty haste and nervousness in burying their hero without any form of ceremony. It has a regular rhyming scheme. It creates a sombre and solemn beat which might remind the reader of a military funeral march. The language is simple throughout the whole poem. The imagery creates a sense of their loneliness and fear and also of their pride and courage. The form of Remembrance is a lyric poem or lament written in eight four line verses. The tone at first questioning, doubting, then certain and passionately resolved. The mood is one of despair and grief. It is a regular rhyming scheme. It has the regular beat of a hymn, with the emphasis tending to fall at the beginning and half way through each line. There is also a lot of repetition – â€Å"cold,† â€Å"severed,† â€Å"forget,† â€Å"hopes,† â€Å"my life’s bliss† – to emphasise the effect the death has on the speaker. The bird metaphor in stanza two reflects the flightiness, and inconstancy of human thought. The change of tense in the second half of the poem heralds a change of thought and tone and answers the query raised. She does remember, only too well. â€Å"Fifteen wild Decembers† have not succeeded in dulling the â€Å"rapturous pain† of memory. The hard, unfeeling words of the first half, expressing the coldness of grief such as â€Å"cold,† â€Å"wrong,† â€Å"sever,† â€Å"hover,† â€Å"suffering,† â€Å"wild† â€Å"obscure† give way in the second half to softer words, hymn-like words (not surprising considering her Methodist background) such as â€Å"bliss,† â€Å"golden,† â€Å"joy,† â€Å"cherished,† â€Å"yearning,† â€Å"burning† â€Å"rapturous,† â€Å"anguish.† These words inject the poem with a passion, which reflects the depth of her emotions when she allows herself the luxury of remembrance. Out of both poems I think The Burial of Sir John Moore would come across as the saddest, even though it shows fewer emotions than Remembrance. However, the poem isn’t a depressing one to read, it has a kind of excitement to it, to find out what is going to happen. But the actual story line to both poems are very sad, which is clear as they both are about death.

Illusions and Realities in Ibsen’s Plays The Wild Duck...

Illusions and Realities in Ibsen’s Plays The Wild Duck and Ghosts In Ibsen’s The Wild Duck, illusions and reality are set into a conflict within the story of a son’s personal desire to confront idealism. Throughout much of the play, the son, Greger, argues the value of truth with the reluctant Dr. Relling. Relling insists on the importance of illusions, but fails to discourage Greger’s intentions and a play that begins as a comedy quickly turns into a tragedy because of these conflicts. At the heart of the illusions in this play are the ways that people assume many roles in a family, impersonating multiple ideals as ways for managing their relationships. This theme of impersonation is also developed in Ibsen’s Ghosts, where†¦show more content†¦Within the ordinary lives of the families in Ghosts and The Wild Duck are tales of infidelity, corruption, greed, lust, disease, and other afflictions that characterize family secrets. For example, in Ghosts, the mother, Mrs. Alving, reveals the ways she has protected he r son Oswald from the truths of her unhappy marriage. She tells her friend and priest, Manders, â€Å"†¦Yes, I was always swayed by duty and consideration for others; that was why I lied to my son, year in and year out. Oh, what a coward I have been† (315). Manders responds, â€Å"You have built up a happy illusion in your son’s mind, Mrs. Alving – and that is a thing you certainly ought not to undervalue,† (315) echoing Dr. Relling’s belief that illusions are sometimes more than a question of reality. In both plays, the deeper questions are about whose reality matters, and who may determine another person’s reality. Relling accuses Greger of having a plague of â€Å"†¦integrity-fever; and then -- whats worse -- you are always in a delirium of hero-worship; you must always have something to adore, outside yourself,† which Greger agrees to, without considering the consequences of this claim (297). In fact, Greger’s certainty about the dangers of illusions provokes the young Hedvig into an emotional despair, and she kills herself. The issues presented in this play are not about what is true, or false, but about the ways people build their lives on the past. Hedvig’s father, Hialmar,Show MoreRelatedIbsen11859 Words   |  48 PagesForshey 1 Running head: IBSEN’S FEMALE CHARACTERS Ibsen’s Female Characters in Captivity: An Exploration of Literature and Performance Christina Kelley Forshey A Senior Thesis submitted in partial fulfillment of the requirements for graduation in the Honors Program Liberty University Fall 2008 Forshey 2 Acceptance of Senior Honors Thesis This Senior Honors Thesis is accepted in partial fulfillment of the requirements for graduation from the Honors Program of Liberty University. ______________________________

Summary Of The Tale - 1386 Words

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