Explain the concept of ownership and franchising

Assignment Help Accounting Basics
Reference no: EM132449623

Ownership and Franchising" Please respond to the following:

  1. Two friends are considering launching a small company, which they believe has potential to grow into a large firm in the future. Identify three (3) important factors they should take into consideration when selecting a form of ownership. Next, recommend one (1) form of ownership you believe will best serve the organization now and in the future. Justify your response.
  2. Identify two (2) key criteria you would use to evaluate different franchise opportunities, then select a franchise.Next, discuss the benefits and limitations of this particular franchise.

Reference no: EM132449623

Questions Cloud

what amount should Orca report as the cumulative effect : Orca's income tax rate is 30%. In its 2017 financial statements, what amount should Orca report as the cumulative effect of this accounting change
Compute the amounts of the components of pension expense : The expected return on plan assets and the actual rate were both 10%; Compute the amounts of the components of pension expense that recognized by company
Write a report to the ceo of chosen organisation : Write a report to the CEO of your chosen organisation outlining why they require reporting for sustainability. Specific reporting recommendations are to be made
Identify a type of business : Evaluate two (2) advantages and two (2) disadvantages of buying an existing business compared to those of starting the new business from the ground up.
Explain the concept of ownership and franchising : Identify two (2) key criteria you would use to evaluate different franchise opportunities, then select a franchise.Explain the concept of Ownership
Compute the amount of prior service cost amortization : Compute the amount of prior service cost amortization for the years 2017 through 2022 using the years-of-service method, setting up appropriate schedules
Explain innovation and strategic management : Analyze a current or former company for which you have worked, and without revealing the name of the organization, identify one step in the strategic plan
Prepare journal entry to record employer contribution : Compute pension expense for the year 2017. Prepare the journal entry to record pension expense and the employer's contribution to the pension plan in 2017
Discuss drawbacks of small business ownership : Consider small business's social responsibility to employees, customers, investors, the community, and the environment. Discuss drawbacks of small business

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the purpose of accounting for depreciation

Is the president's proposal within the scope of generally accepted accounting principles? In making your decision discuss the circumstances, if any, under which use of the method would be reasonable and those, if any, under which it would not be reas..

  The standard cost of product b manufactured by mateo

the standard cost of product b manufactured by mateo company includes three units of direct materials at 5.00 per unit.

  A 910000 bond was issued on october 1 2011 to build a new

a 910000 bond was issued on october 1 2011 to build a new road. the bonds carried a 6 interest rate and are due in 10

  Discuss each element of the fraud

Assume you were hired to analyze the information in this case and write a two- to three-page report on your findings. Discuss each element of the fraud.

  Describe the internal controls with example

Employee theft is a major problem in the U.S. retail industry. Information obtained from SecurityInfoWatch reported that twenty-three (23) major retailers.

  Compute what is the internal rate of return

Keira Knightley Company buys a piece of equipment for $36,442 that will last for 7 years. Compute what is the internal rate of return?

  Determine the amount of the accumulated postretirement

The actuary's discount rate is 8%. Determine the amount of the accumulated postretirement benefit obligation at December 31, 2011.

  Define poverty line and poverty rate

Define poverty line and poverty rate. How has the poverty rate changed in the United States since 1960?

  Discuss list of companies and organizations

The following is a list of companies and organizations that have implemented ABC. Select one company from the list

  Explain what is the margin of safety in dollars

Morganti Corporation sells a product for $215 per unit. The product's current sales are 42,700 units. Explain what is the margin of safety in dollars?

  The note payable was taken out last year the note carries

lloyd christmas ltd.s accounting records reflect the following account balances at january 1 2005 beginning of the

  On january 1 2011 doty co redeemed its 15-year bonds of

on january 1 2011 doty co. redeemed its 15-year bonds of 2500000 par value for 102. they were originally issued on

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd