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3 years ago

List the four ways to become a business owner

Business

2 answers:

777dan777 [17]3 years ago

8 0

1. Start your own business2. Take over a family-owned business3. Buy a franchise4. Buy an existing operating business.

Serjik [45]3 years ago

5 0

Answer:

In the United States, there are four basic structures: sole proprietorship, partnership, limited liability company and corporation.

Explanation:

Sole proprietorship (Single owner )

The business is owned by its owner. The advantage of this structure is the ease with which income is calculated and taxes are presented. The owner of a sole proprietorship is considered one with his signature. Your earnings are your earnings and are reported on your personal tax return. The disadvantage of the structure is that the owner is considered one with his signature. As such, it is responsible for all financial obligations incurred by the company, such as debts and lawsuits.

Association

An association is made up of more than one individual. Similar to an individual company, a business of this structure is considered one with its owners.

Limited Liability Company 

The latest type of business, limited liability companies (LLCs), has become a very popular structure used in the founding of a company. The ownership of an LLC is not limited to an individual, but is open to corporations, foreign entities and other LLCs. L

Corporation 

The corporation is an entity separate from its owners. This means that it can potentially live forever, regardless of the life of its founders. The property can be easily transferred and the funds can be collected simply by selling shares. A Subchapter S corporation is an alternative form of this business structure used by many smaller companies. The earnings of S corporations can be reported on personal income tax returns on their owners' income. As a standard corporation, however, the S corporation is subject to many government-administered regulations.

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Terrence buys a new car for $20,000. The value of the car depreciates by 15% each year. If f(x) represents the value of the car

Lana71 [14]

Hi there,

100% - 15% = 85%
85% = 85/100 = 0.85

This is your factor of depreciation
The power it is raised to equals the years
20,000 x 0.85^3
= 12282.5

I hope my answer has come to your help. Thank you for posting your question here in Brainly.

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3 years ago

Read 2 more answers

Tax that you pay when making a profit from selling a house is an example of:

UkoKoshka [18]

Tax that you pay when making a profit from selling a house is an example of: A. Capital Gains Tax
Every time you sell an asset that is not under investment category, The difference between your selling price with the initial cost when you buy that asset should be recorded as a Capital Gain.
In United states, you're inclined to pay around 28 % from the total capital gain as Capital Gain Tax

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3 years ago

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Salon Products recently introduced a new all-natural shampoo. Logan, director of new product development, has just reviewed the

diamong [38]

Answer:

Acknowledge the team for their effort.

Explanation:

By acknowledging the effort of the team that worked on the shampoo, the members of the team are encouraged and motivate, knowing that their efforts are accepted. After so doing, Logan can now tell the team about the dismal results which isn't supposed to have happened and the motivation earlier would have let the team members open to innovation.

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2 years ago

The basic premise of ______ is that firms should establish objectives and evaluate strategies on criteria other than using only

mart [117]

Answer:

D, balanced scorecard

Explanation:

A balanced scorecard is a management strategy in which managers are able to assess the amount of job done by employees under their area of control.

It also helps to see whatever complications or success that are as a result of the job done by the employees.

A balance scorecard involves the satisfaction of customers by how much time, quality of service, performance of service, among other things. Also, the balance scorecard is helps to focus on some other important roles that could affect customer satisfaction.

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3 years ago

When banks try to make their positioning strategies tangible through the ________ dimension, they make sure the exterior and int

Andru [333]

Answer:

Place

Explanation:

When banks try to make their positioning strategies tangible through the Place dimension, they make sure the exterior and interior have clean lines, the layout of the desks and the traffic flow are planned carefully, and waiting lines are not overly long.

Positioning strategies: It is a strategy that choose one or two key area to focus on for brand and product growth in the market. Before implementing these strategies, it is important to understand the strength and weakness of the company, target customer need and competitor´s position in the market, it help in effective planning and achieve objective of the company.

There are several dimension to positioning strategies, depending on what kind of analysis firm want to conduct.

Here in the given case, Bank have used place dimension of positioning strategies, so that it can gain more customer attraction and keep service flow organized in the bank.

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3 years ago