B2. Legal Form of Ownership:
Sundae Magic, LLC, will be classified as a Limited Liability Company (LLC) due to the personal asset protection and federal taxing procedure this designation provides to its managing members. We will chose to be taxed as a disregarded entity during the start-up phase and will reevaluate this option, considering a corporate tax status, after the business has completed two years of operations. The managing members will consist of myself, Luz Kanwar with a 60% interest in the business, and my business partner Philip Walker with a 40% interest in the business; financial distributions will correlate to percentage of ownership.
B3. Location and Facilities:
It is important that the location of Sundae Magic, LLC be in an area that has a high volume of foot traffic in order to establish a greater capability for brand prominence. We are currently scouting locations within malls, strip-malls, and locations near popular tourists’ attractions. This will ensure a high volume of customer visibility without increasing our marketing expense.
The facilities must be a minimum of 2000 square feet with the capacity to house our store-front space, for customer use; inventory warehouse, for housing our supply stock; and preparation space, for refilling and servicing our dispensers and preparing our offered toppings for consumption. The facilities must also include customer restroom facilities, back office plumbing for a washing station, and proper electrical
(Name of the Company) will incorporate the delivery of specific criteria to satisfy our targeted customer clientele. Business operations will be designed around: personalized exterior (hand washed) automobile car wash, interior refining, and exquisitely tailored automobile detailing for the automotive connoisseur. Additionally, in our craftily designed facility there will be a state-of-the are waiting area with both regional and international coffee brands to be pleasurably enjoyed as services to their vehicles are being rendered to by our personally selected employees. Within the targeted area of the establishment of our business operations there are no established competitors. Across the surrounding Colorado Springs business environment, there are some established competition that offers various types of
There would be initial cost tied to building the needed space and working to make sure that it’s accessible to all staff as appropriate. The size of what’s needed would vary store to store so there would need to be time spent researching volume trends for the locations.
In this assignment, I have a friend who is setting up a sandwich and snack bar to provide lunches for workers at a local industrial estate. To help him out I have agreed to design a promotional campaign. It is essential for this sandwich and snack bar to be located inside the local industrial estate. The sandwich/snack bar is aiming to provide lunch to the workers working at the industrial estate on a daily basis, which includes a seating area. To start of the new snack bar/sandwich bar, employees working at the snack bar would be handing out free samples of the fresh different flavoured sandwiches, Panini's, and samples
We want to be located on a highly coveted passageway, in a location that provides easy access to our target customers, and customers want products and services to be as convenient to purchase as possible.
•Brand the company to the thousands of office workers in a 5 block radius which is increasing 7% annually do to construction and building renovation. •Allows hours of operation to expand to 7 AM to 7 PM. •Provides grounds to schedule an additional 65 employee exams per month •Provides overlap to decrease wait time during lunch time hours.
location, size, special features and staff. The facility is situated on a twenty acre site in Rancho
In business there are no guarantees for success. Skills, knowledge, great motivation and honest evaluation of ability to carry out and then manage the operations are just some of the requirements that determine the probability of the successful project. Success is never automatic and does not rely on luck. There are no ways to foresee or eliminate all of the risks that might affect successful operation of a new business. However detailed planning, thorough analysis and well-carried out organization create good potential for a new business. In the provided case study, we will assess the probability of success for Icedelights franchise in Florida. Analysis will be done through evaluation of each step in the decision making process, close
Of course, contractual provisions with specific landlords will also be considered. Once an appropriate location is selected, the franchisor will choose an appropriate architectural layout for the store. While maintaining an attractive store is necessary to franchisee’s success, it will also need a robust team of customer service associates and supervisors. This is why Pet Supplies Plus offers its franchisees’ employees a two-week, hands-on training program (“Franchise Support”). The training program should meet the learning needs of all employees, because there is a blend of face-to-face training and online training.
After watching, people could attract form menu, could mouth-watering for them, they would love to take and would definitely go to physical location. 9.2 Non Financial Resources requirements: Availability of affordable workspace such as Stalls Health and fitness related events in
The facility will be located at 60 Beard Street in Brooklyn, New York, 11231, Kings County. This facility will be established in a growing area that is easily accessible by busses, trains, the New York Water Taxi or the Staten Island ferry. We will service the borough of Manhattan, the growing condominium area, Carroll Gardens, Cobble Hill, Columbia Heights, and Gowanus Brooklyn neighborhoods, while capturing the Downtown area for those customers coming into Downtown Brooklyn or attending a Barclay's Center event. The facility will start off with 50,000 sq. ft. As the company expands more square footage can be acquired. The facility is zoned as C6, which will allow day and overnight care.
The McGee Cake Company, currently operating as a sole proprietorship, may benefit from forming a limited liability company (LLC). An LLC is a comparatively new type of business entity. With an LLC there are reduced legal formalities in comparison to setting up a corporation. In addition, unlike a corporation, the McGees could set up an LLC yet remain the sole owners of the company. Another advantage as the owners of an LLC, the McGees are taxable only for personal income and not for the income of your LLC. Therefore, they would not pay double income tax. An LLC also has a long
Anytime you start up a business or you take over another company there are multiple things you must do to get started. One of the major things one must do is decide on what type of ownership you want. There are many different types of business ownerships out there, but some will benefit you more than others. In this paper you will be learning about the difference two types of business ownerships you can have. The main point of the paper is to help someone that’s going to become an owner of a business be able to do what’s best for not only them, but also what will be best for the business. Sole trader ship and partnership are the two best ownership because they will benefit the owner and business more by going by what the company stands for.
The purpose of the paper research is to identify the world of property law that remains confusing to quite a number of people regarding personal and real property. Due to this confusion, a number of disputes arise when parties fail to reach an agreement especially when the seller includes the item in question as part of the sale of the realty and the buyer has a different view. This research will identify five examples of fixtures and real property in my house that will be enlightening especially pertaining the two gray areas. The research will also look at the determination made by commercial law pertaining to the evaluation of real property and fixtures and the exceptions when applying such tests. In the research, it will highlight the question of figuring out what fixtures are and the significant importance or raise this question with regards to the increase in the number of disputes associated with property law in case the value of the personal property exceeds the real property value. Finally, the research will identify different scenarios that may give rise to disputes regarding personal property and fixtures and how these fixtures are identified using different tests conducted by the property law courts in order to come to a consensus.
Location was the first issue considered in the analysis. Greetings stores are located in high-traffic malls where
My Parlor will have a store where products will be served with the capacity to serve 90 customers per day based on information that is available for on frozen yogurt industry. The intention is to have three employees for a start, one manager, and two associates. Every organization utilizes diverse human resources to accomplish company goals and objectives. To accomplish company goals and objectives, My Parlor will need to add the following positions in the future: Accountant and Marketing Manager.