This business report will consist of a detailed analysis of the features of a private limited company and a franchise. This detailed analysis includes comparing and contrasting between the two business forms, describing real life examples for each, and how the profits or tax rates changes depending on what business form it is. A private limited company is usually small in size and they privately hold business entities. Shares offered by a private limited company cannot be traded on the stock market
Company’s subsidiaries include Maruti Insurance Business Agency Limited, Maruti Insurance Distribution Services Limited, True Value Solutions Limited, Maruti Insurance Agency Network Limited, Maruti Insurance Agency Solutions Limited, Maruti Insurance Agency Services Limited, Maruti Insurance Logistic Limited and Maruti Insurance Broker Limited. The company is a subsidiary of Suzuki Motor Corporation of Japan. The company is engaged in the business of manufacturing, purchase and sale of motor vehicles
to guarantee that proposals made are not based on biased judgments or the influence of outside interests. (Assoc. of Accounting Technicians, n.d.) 2. Integrity In professional ethics, showing integrity means being straightforward and honest in all business and accounting relationships. By upholding integrity, it is required that accountants do not associate themselves with information that they suspect to be materially false. (ICAEW, n.d.) 3. Confidentiality This is the principle that professional
making financial decisions and financial managementIn reality, however, many decisions are still made by the Board of Directors because there is little change in business mechanism of the enterprises. 80 percent of surveyed businesses revealed that they kept no change in senior positions in the Board and chief accountants, which limited the creativity and did not bring much change in the financial management policies. Regarding to the structure of the charter capital, so far, 77 percent of businesses
its age. Organic growth beyond certain size or age is a big challenge and hence inorganic growth gains significance. Inorganic growth means growing through mergers and acquisitions. The inorganic growth also comes with its own advantages and disadvantages. A preference for growth through mergers and acquisitions (i.e. inorganic growth) started somewhere around the late 1890s. The mergers and acquisitions activities across the globe have taken occurred in merger waves as documented in the history
UberCab (called Uber now) has experienced very rapid growth and has initiated many changes in our contemporary society . But why Uber has become an indispensable player in the private transport market, despite all the problems related to its development? To answer this question we will see the advantages and disadvantages of the solution proposed by the company Uber. And then we will focus on different problems encountered during its development, and the solutions that can be found. The concept
states that the investment decisions of banks stem from a conscious effort by managers to diversify earnings and therefore reduce risk. By expanding into different markets, banks expose their operations to the risk and return profile of specific business areas. Diversification of bank earnings and risk reduction can be brought about by expansion into foreign markets and risk will be reduced the less correlated earnings in the foreign country are to those in the home market. Cost of capital: Banks
It is true that the internet has made it possible for us to do a lot of things easily; it has a lot of advantages as well as disadvantages to name some of the advantages the internet provides us with unlimited communication and information everything we need to look that can be done just by one click away on the internet. You can even keep in touch with your friends, share thoughts
people lived in rural areas and on plantations. The textbook states that,” a small group of plantation owners in the South-about 12% of the population-held more than half the slaves.” (p 429) Education in the South was very limited. Only the wealthy sent their children to private schools and others living in rural areas did not have access to education. It was also against the law for African Americans to get an education. While the culture of the South was plantation life, the African American slaves
INTRODUCTION As we know that, double-entry bookkeeping system is established by Luca Pacioli. Without double-entry bookkeeping system, we cannot analyse the financial status of a business. ACCOUNTING EQUATION The foundation accounting equation is the relationship between assets, liabilities, and equity. It is a basic accounting equation used to balance all of the businesses account (Wikipedia 2017). For example, the double-entry bookkeeping system is a famous system in the accounting world. Most