Limited company

DISCUSSION BOARD FORUM 3 CASE STUDY ON BUSI 561 STARTING AND NAMING A BUSINESS Shania’s is confronted with lots of decisions to make before she opens up her Christian coffeehouse near Denver, Colorado. The challenges awaiting Shania are the type of business structure to open and type of people to work with. Shania as a Christian should refer to Roman 8:28, “And we know that all things work together for good to them that love God, to them who are the called according to purpose. She should therefore

FINANCIAL ACCOUNTING FOR COMPANIES   INTRODUCTION The Case Study analysis will be based on the company Meridian Energy Limited(MEL). Meridian is leading manufacturer of renewable electricity and its customers are from all over Australia and New Zealand. The company is largest electricity generator and is the major contributor to the government’s target of renewable energy generation (Meridian, 2016). The objective of the case study is to critically analyse the application conceptual framework of

would be filed with the state, and the owners would apply for a federal ID number. They would then file form 8832 and choose S corporation status. The company would then file as Company X, LLC, but would file an 1120S each year, which is the corporate tax return and is prepared for each individual shareholder and identifies the percentage of company shares owned by the individual for the tax year. Each member would then receive a K-1 with the appropriate percentage of income or

United States based company that offers tutoring services to high school and college math students. The company is a limited liability company (LLC). The business owner has an aggressive growth outlook with plans of being international within five years of operations. E G Tutoring Services LLC is founded by Eric M. Griggs while Eric attends Liberty University as an undergraduate student working toward his marketing degree. E G Tutoring Services – A Limited Liability Company (LLC) Eric, being a

Shania Jackson is in the process of starting up a coffeehouse business in Denver, Colorado. Her endeavor requires significant consideration of multiple forms of business that provide different benefits. She has also contemplated the opportunities that are available through franchising this business. In developing the business idea, Shania has thought of the name “The Gathering Place” for her coffeehouse, which must be searched in the State of Colorado for availability. The individuals interested

The Solyndra Corporation is a Limited Liability Company, (LLC) that creates and constructs solar panel systems for the large industrial rooftop companies. According to Hals-Ketcher (2006) a Limited Liability Company is structured so the members of the corporation are not held directly liable for the company's bills or liabilities. So when the company filled for bankruptcy, the partners were not obliged to pay the LLC's debts out of their own assets, and if the resources of the LLC are not adequate

There are two reasons entrepreneurs form business entities: to protect personal assets and to reduce taxes, limited liability companies (LLCs) do both. Since their widespread application in the 1990’s, LLCs have become the most popular U.S. entity formation (Garcia-Gallont & Kilpinen, 2015). As is the case of corporations, limited liability provides “a mythical ‘corporate veil’” (p. 411) that protects the members’ personal assets from creditors (Albert, 2015). One remedy creditors and other

must employ due diligence in the pursuit of her coffeehouse. There are many considerations when starting a business and those topics must be researched and understood to mitigate any startup risk. Ferrier (2013) reported that “Colorado startup companies fail within the first five

themselves involved in a lawsuit, the formation of a Limited Liability Company (LLC) might be a better option. The existence of LLC’s didn’t occur until 1977 as author John Balouziyeh explains here: Corporations and partnerships have traditionally served as the forms of organization from which business owners could choose. Recently, state statutes have begun to recognize a new form of business organization, the limited liability company (LLC). First recognized by state statute in 1977, the

years, these laws face a number of issues. 1.1. Conflicts with the Company Law Under current relevant laws and regulation, foreign investors have several options to set up their businesses in China. They can establish corporations in the form of EJVs, CJVs or WFOEs under the EJV law, CJV law or WFOE law respectively. In addition, they can set up limited liability companies (“LLC”) under the Company Law as well. Generally, Company Law is focus on regulating domestic enterprises instead