Advise Shania On Which Of The Business Forms Under Consideration Best Accomplishes Her Business Goals
1.Advise Shania on which of the business forms under consideration best accomplishes her business goals. Thoroughly explain the reasons for your recommendation.
Shania Jackson is a Christian entrepreneur and she wants to open a Christian Coffeehouse near the Denver, Colorado area. Her husband, Marvin, is willing to participate in the form of capital to the business but has no interest in participating in its operation or management. Knowing this, I believe a limited liability company (LLC) would be the best for Shania’s business goals. I believe a limited liability company would be best since it is not difficult to set up, isolates your own advantages from business and less authoritative obligations related with it (Johnson, 2015). A limited liability company is a business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation (Silvia, 2013). Anyone can be a partner in a limited partnership (Hay, 2008, p.1). Since Shania’s husband doesn’t want to be a managing partner, Shania would be sole owner and proprietor. However, Marvin would be the limited partner. A limited partnership must have at
…show more content…
Advise Shania on which of the interested persons she should include in her business, why, and in what role(s). If she chooses not to take in a particular party, what reasons should she give each person, if any? Your analysis must include biblical perspectives, such as biblical considerations of marriage and of business relationships with non-believers.
Even though Shania is a Christian entrepreneur, since she is operating under a franchise, she cannot legally make hiring decisions based on personal bias. This would be known as discrimination. Understandably so, she would want to hire like-minded individuals if she believed that they would create a better working environment; however, Shania should actively seek out employees who want to work for her and do not have limiting
Diversity In Hooters
335 Words | 2 PagesThe class book, Principle of Management, states if a company uses diversity when hiring employees, they can help avoid lawsuits. It further explains, that this is because two thirds of all lawsuits are lost with an average settlement of more than $600,000. It can be very costly for a company to not use diversity when hiring. I do not think that Hooters is discriminating against men, because it is their concept of having the Hooter girls serve the customers. It is their way of marketing their business and everyone who applies their knows they only hire girls as servers.
Evee Apple Case Study
201 Words | 1 Pagesa. Does Evee Apple have viable cause of action for sex discrimination if Faith+1’s employment policy is directed at women? b. Did Faith+1 provide accommodation for Evee by reducing her workload to part-time? II. What are the three possible defenses Faith+1 can raise in response to Faith+1 mandatory paternal bonding policy? a. Can Faith+1 be successful in raising a BFOQ defense if Evee is a role model for the youth she mentors?
Business Planning Activities Case Study
1112 Words | 5 PagesI hope to help both individuals and small businesses in my community grow and be financially successful. I plan to add Value to the clients and communities by tailoring each individual portfolio to match the industries of interest of the client, and try to support local businesses through development opportunities and using my network to give access to essential business connections and services. 2. Please detail the types of prospective clients you believe will allow you to build your business to fulfill your vision. I plan on reaching out to young working professionals who have recently entered the workforce, using my network connections within the hospitality industry to find those who need financial guidance. I also plan to reach out to the rural communities, such as farmers and small businesses, to give opportunities for investment and growth.
Selling Manure Bonnie Jo Campbell Analysis
457 Words | 2 PagesThrough her story, she puts job stereotypes to rest and even glorifies them. Without passion, it would be very unlikely for people to accomplish tasks effectively. People would be unmotivated. Without pride, taking
Salty Pawz Case Summary
509 Words | 3 PagesWanda has ask me to consult on her business Salty Pawz, As a consultant I feel my responsibilities are to give alternatives and my recommendations with the information I have available Wanda first concern was her personal liability in connection with her company, the alternative to her sole proprietorship would be to form a corporation of the several that are available the only one that makes sense is the limited liability corp. so the options are that or remain a sole proprietorship. My recommendation would be to remain a sole proprietorship, and my reason behind this is she has expressed concern over the hours she has been putting toward her business It takes some time and expense to form a an LLC even though it does resolve her liability issues. It is totally at this point not necessary to do that she can increase her liability insurance to a point that she’s comfortable with and even add product liability insurance to a point where she is comfortable.
Shania Case Study
1256 Words | 6 PagesShania has five options in which to consider for her new business: sole proprietorship, a partnership, a corporation, a joint venture, or a Limited Liability Company (LLC). Shania must weigh the benefits and detriments associated with these different opportunities in order to accomplish her business goals. The advice provided will help her make a sound decision on which business form to choose. The first possibility is sole proprietorship, the easiest startup option, is where she would be the sole owner of the coffeehouse.
Deontological Ethics And Homosexuality
759 Words | 4 PagesWhether an action is considered right or wrong is determined by the socio-religious guidelines of behavior in the social context. The issue of whether a homosexual should hold a leadership position in the church will therefore be determined by the guidelines within the church context. Pst. Jemon agrees that in considering to choose a homosexual for a church leadership position it would depend on the “church by laws or standards or procedures.” As we have seen in the denominational views that have been presented, each denomination has guidelines on the subject of homosexuality of which they expect their members to adhere to.
Landscaping Business Case Study
1076 Words | 5 PagesThe hiring process as a business owner may be the most essential to succeed. The people you surround yourself with can either inspire you to become better or their lazy ways can rub off on you and bring you down with them. In this situation Sally is in a difficult predicament, having giving her word to hire an potential employee, then later finding an even more qualified candidate for the now filled job. What Sally does can set a reputation for herself that carries a lot of weight.
Purnell Model Essay
1023 Words | 5 PagesPurnell’s Model of the 12 elements influencing culture applies to all people of every culture. These elements are evident in my cultural upbringing, as well as the cultures I was exposed to as a child. However, some of these cultural elements will pose a challenge in my future career as a nurse.
Bias In The Workplace Summary
848 Words | 4 PagesSynopsis Workplace bias is a costly problem that businesses cannot afford. It can result in turnover, discrimination, and lawsuits. In her book Making Diversity Work: Seven Steps for Defeating Bias in the Workplace, Dr. Sondra Thiederman, a leading expert on workplace diversity and bias reduction, provides a step-by-step approach for reducing bias and increasing the manageability of diversity. Thiederman (2003) defines bias as “an inflexible positive or negative prejudgment about the nature, character, and abilities of an individual and is based on a generalized idea about the group to which the person belongs” (p. 8). We are not born biased.
Stuart Mill Religion
669 Words | 3 PagesIf her belief was driven only by religious leader’s preach and philosophy, he would highly recommend her to reconsider her beliefs, step by step. If not, Mill would respect the woman's choice, but let's say there is a situation where her friend isplaced in very dangerous situation and
Form K-1: Taxation Of An LLC
525 Words | 3 PagesThe Internal Revenue Service has special rules allowing an LLC to be treated for tax purposes as either a corporation or a partnership. For example, the IRS classifies a limited liability company with at least two members as a partnership for tax purposes. However, members may elect by filing IRS Form 8832 to be classified and taxed as a corporation. An LLC with only one member is treated like a sole proprietorship for income tax purposes with its income reported on the individual member’s tax return (IRS Form 1040). However, a single-member LLC may also elect by for filing IRS Form 8832 to be treated like a corporation for income tax
Accommodating Religious Expression Case Study
676 Words | 3 PagesIn maintaining effective work environments, companies need to ensure in creating a collegial professional relationships through the employees. Employees have the abilities to share their personal information about their personal lives, work, school, family, friends, and even faith. This is why “religious expression in the DOL workplace” has been gaining more prominence and attention with the increasing diversity of the population (Accommodating Religious Expression in the Workplace, By Kelly, Eileen). Certain factors are causing this diversity to rise but there are solutions to control these factors.
Business Undecided
509 Words | 3 PagesCareer Paper- Business Undecided Business is the process of buying, selling, and the producing of goods in exchange for money. The business field is one that contains several majors to choose from. For example, there is finance, accounting, international business, business management, and marketing. Because there are several to choose from, as I start my freshman year in college, I am a business undecided major because I want to discover what specific major will interest me after taking introduction of business classes. Business majors study the aspects of business and also focus on learning how to use the basic elements and techniques of business.
Key Women Issues In Human Resource Management Essay
1511 Words | 7 PagesHuman Resource Management: Key Women Issues There are three critical women issues that human resource managers may come across in the workplace: pregnancy discrimination, pay equality, and the glass ceiling. It’s important that human resource managers should not only maximize employee’s performance but should also recognize that employees have rights that are protected under federal and state laws. Pregnancy discrimination, pay equality, and the glass ceiling are critical issues that should be recognized and prevented. It is important that employer prevent discrimination from ever taking place and take proper steps to promote productivity, adaptability and effectiveness within the workplace.
More about Advise Shania On Which Of The Business Forms Under Consideration Best Accomplishes Her Business Goals
Diversity In Hooters
335 Words | 2 PagesEvee Apple Case Study
201 Words | 1 PagesBusiness Planning Activities Case Study
1112 Words | 5 PagesSelling Manure Bonnie Jo Campbell Analysis
457 Words | 2 PagesSalty Pawz Case Summary
509 Words | 3 PagesShania Case Study
1256 Words | 6 PagesDeontological Ethics And Homosexuality
759 Words | 4 PagesLandscaping Business Case Study
1076 Words | 5 PagesPurnell Model Essay
1023 Words | 5 PagesBias In The Workplace Summary
848 Words | 4 PagesStuart Mill Religion
669 Words | 3 PagesForm K-1: Taxation Of An LLC
525 Words | 3 PagesAccommodating Religious Expression Case Study
676 Words | 3 PagesBusiness Undecided
509 Words | 3 PagesKey Women Issues In Human Resource Management Essay
1511 Words | 7 Pages