Business organization is a group of people who are organized for some charitable or profitable purpose. Business entity is a corporate, commercial or other institution which is formed or administered according to the commercial law so as to engage in business activities which is generally selling of any product or service. In accounting business organization and owners both are separate or distinct from each other. This means that the personal transactions of owner are separately treated from business. In legal system there are various forms of business organizations and they are corporations, cooperatives, sole traders or sole proprietorship, partnership and Limited Liability Company. All vary from each other on the basis of level of control but follows the same principle of separation.
Business entities are just like individuals and are subject to taxation and are supposed to file a return but there are some entities which are exempt from federal income tax and they are non-profit charities, Partnership and S corporation.
A restaurant is a place where people feel relaxed and prefer in times of happiness. People generally celebrate their birthdays, anniversary, victory with others and for that restaurant is the best option because many people can gather their and the waiter will take and serve the order. They will get well cooked food and don’t have to cook by themselves which is a tough job. So I am planning to start a new restaurant where specific types of food will be
There are three types of business entities: sole proprietorship, partnerships, and corporations. Sole proprietorships are businesses owned by an individual person. They are easy to form, but are not taxed. Instead the individual business owner is taxed on any monies acquired on behalf of the business (Kubasek, 2012. Partnerships are businesses that are owned by more than one individual owners. The big thing about partnerships is that each partner is personally responsible for the acts of the other partners in the business . (Kubasek, 2012 Corporations are businesses owned by multiple people to include shareholders (Kubasek, 2012). They can sue and be sued and are subject to a host of rules and regulations set forth by the government.
The business will be a Limited Liability Company with two members, a managing member and a non-managing member. The LLC form will protect the members from lawsuits brought by unsatisfied customers (Melvin, 2015), which can become costly in the interior design field. At the same time the LLC will prevent the double taxation of company profits (Melvin, 2015), giving greater monetary reward to the members. Because of this more money can be invested back into the business.
Many years ago education was superfluous and now it becomes necessary. In this report I am going to speak about two organisations, which has extremely close connection with education sphere.
An organization is a group of people, such as a foundation or an academy that worked together to accomplish multiple goals and is associated to an external environment. There are different types of organization, some organization formed to earn income for its owners but some other organization which called non-profits are worked for public purposes. There are 3 main types of business organization Such as:
Many various forms of restaurants stretch across the world. However, some are more unique than others. Especially if they are located in small towns. Most
The name of my business is “Hot n Spicy” Indian Restaurant. My restaurant is an Indian restaurant will be located in Rotorua, most popular tourist destination of Newzealand. My business will come under the Restaurant Industry. Primarily my target market will be Indians of course as there are so many Indians in Rotorua who miss their extra hot Indian food and secondary kiwis & Maori people because if you want to run any business successfully in overseas country then you must have support from local people as well. The business will be delivering Indian Food such as Indian Chicken, Lamb dishes, Sea food and vegetarian. There will be also some starters like Tikka, Kebab, fries and desserts as well which will be the key products of the restaurant. The business will be run by me and I believe that as I can manage things quite well being young I have passion, commitment and long vision for my business. Beside this I will look for experienced Indian chefs in Newzealand or I will be calling special Indian chefs from India who has good amount of experience in chicken & lamb dishes and especially in Indian curries and breads. My restaurant will be offering some discounts on all dishes and combos on all week days and there will be happy hours on weekends, which will make my business definitely much better and different from others and experience of my 5 star hotel chefs will also make the difference.
The restaurant also offers great service and has a variety of different kinds of food, which you can decide on. The guests are
A business organization is an individual or group of people that collaborate to achieve certain commercial goals. Some business organizations are formed to earn income for owners. Other business organizations, called non-profits, are formed for public purposes. These businesses often raise money and utilize other resources to provide or support public programs.
Introduction which includes a short description of the case study restaurants and a brief explanation of research
Restaurants were first established in France (Davis, 2004). In Syracuse, there are a variety of restaurants that represents different cultures .The idea of restaurants is to help the people and especially the travelers to discover more about a culture. Restaurants are one of the crucial elements to take in account when talking about cultures. They are one of the strong representatives of a culture. Therefore, for a restaurant to be a good representative of a culture, it should have at least several strong categories that can make it a good representative of a certain culture. The Indian Restaurant that will be evaluated has many strong categories and some that are weaker.
The concept of organized business is not as new of a concept as you might think it to be. People have associated themselves with like-minded individuals to achieve common goals for centuries. In fact, organized business can be traced as far back as the 4th and 5th century in the Roman Empire. In spite of being a monarchy, many businesses would be given special license by Caesar to operate as a single entity to carry out tasks essential to the function of Roman society. This type of grouping may not have been classified as a business by today’s standards, but it was structured in a loose concept of what we have today. Guilds of artisans and builders operated in such a manner to perform duties for the government and further societal goals.
What is business? “Business is an organization or enterprising entity engaged in commercial, industrial or professional activities. A business can be a for-profit entity, such as a publicly-traded corporation, or a non-profit organization engaged in business activities, such as an agricultural cooperative”. (Tuller, 2008) I have chosen business organisation which will be a shoe shop called “Clare`s shoes”. It is quite large Italian shop with different kinds of shoes based in Gidea Park. It is a partnership. They have in offer a wide range of shoes from sandals to high heels shoes, trainers and boots from the top brands. Also in shop we can find shoes for women’s, men’s and kids style too. It is one of the best known’s shop in Essex area.
The structure of an organisation is built in order to achieve the distinct tasks by the labour and coordination between teams to provide goods and services. Organisational structure is selected in order to have a basic work and consistency according to the situation. The most foremost factors in an organisation are skilled labours, mutual understanding among the fellows and direct control to frame a good result. A good structured organisation results in quality production, which can be taken into peoples consider through marketing. When an organisation tracks in a solid structure, management plans and tasks can be easily constructed and executed. In this essay, I have been explained about the concept of Mintzberg five
The paper presents an analysis of the different factors influencing the restaurant industry and how these factors increase or decrease the demand for such services. The hypothesis that will be examined is that the performance of restaurants is mostly based on the type of food chosen by customers when they decide to go out for dinner, lunch, breakfast, or simply for a snack. What type of food refers mainly the nationality or concept of the food, (traditional American, Italian, Indian, Latin, or from any other type of culture). This factor is important because when customers go out to for dinner; they decide what to eat before deciding where to eat. That is why this factor is considerably important according to the hypothesis.
group of people or an individual who are in collaboration to achieve given commercial goals is known as a business organisation. Companies may have information with a purpose or aim of making profits while others start on non-profit making basis. The way the way the business ' organisation operates depends on the profit or non-profit making basis. However, the basics and the fundamentals of the companies are in one way or the other, similar since the management functions of the organizations are often similar. This report will focus on a profit-making organisation known as Aldi. The main points of discussion will lean towards the fundamentals of the organisation; that will cut across the background, financial performance and the marketing strategies that they have adopted in their quest to attract a huge customer base.