Abstract
Joe operates a successful commercial landscaping and tree trimming business, and client's keeps his operation extremely busy. Although Joe employees at least 50 workers, with landscaping being seasonal, he experiences a high turnover. In addition to landscaping and tree trimming, equipment rental is also available to the clients, which adds an additional division to the business. With $250,000 of capital, and past year's revenues of $500,000, Joe is looking for guidance to take his business to the next level.
Research was conducted using the University of Phoenix online library, the course textbook, and online periodicals and materials. Using the information above, a proper entity selection, vision for the business, identification of legal and regulatory issues, and selection of business professionals will be identified to help the landscaping business take the necessary steps for furthered success. For simplicity, the business will be called LandScaping Unlimited (LSU).
Landscape Management
Joseph Smith is owner and operator of LandScaping Unlimited (LSU), a successful lawn care and tree trimming business. In addition, LSU offers equipment rental to its clients. However, since the nature of the landscaping business is seasonal, the company is interested in expanding into snow removal, and interiorscaping, making it a year-round operation. The goal is to offset the fixed costs the landscaping business incurs in the winter months, thereby increasing the overall profitability of the company.
Entity Selection
Every single fact concerning the business is relevant to the choice of entity decision. Not all of them are of equal importance, but they all matter to some degree. The considerations that should be in the forefront are not the sale of ownership interests to the public, or venture capital financing--these things come later (hopefully!). Instead, the initial focus should be on:
the tax and tort liability issues,
cost of maintenance of the entity,
protection of intellectual property (very important and often overlooked),
size and complexity of the entity,
regulatory requirements that the local, state or federal government has placed on the proposed business activity,
and other similarly mundane issues (Entrepreneur's, 2004).
Being the owner of LSU, Joe probably operates as a sole proprietor. It is recommended that the business change its entity selection to limited liability company (LLC). The main advantages to an LLC are the protection the LLC owners receive from business creditors, and the fact that the owners can still participate in the management of the business.
The story “Death by Landscape” by Margaret Atwood is of a protagonist named Lois who at the time was young but most of the story takes place of when she was an older lady. When Lois was younger, she attended a summer camp named Manitou. From the start, Lois didn’t like camp until she got to the age of ten and met a very good friend named Lucy. Lois remembers their childhood memories they had with one another, until one day Lois’s best friend Lucy disappears. Lucy and Lois are on a trip and all Lois hears is a scream and never once saw Lucy after that. As the story moves along, Lois later started collecting paintings in remembrance of her childhood friend Lucy. Towards the end of the story you can really start to feel
What strategic step can Stanley Walsh make to improve the situation and reputation of Inner-City Paint Corporation?
Throughout the years, our qualified and dedicated team has successfully completed projects for various individual and business clients. Our extensively trained, skilled, and experienced professionals ca...
Legal Status and Ownership - What business structure has been chosen and who owns/co-owns this business venture?
the first thing that would need to be alteret is of course her roster. a staff will help her gain more machines and allow more customers to experience her treatments and services. once her staff grows in size she should then budget for adversite in areas where more target customers are. the company has grow very fast and can become even more if the right people are added. it is a business but if it remains the same the business will have no room to expand to its full potenial.
The ability for the federal government to regulate businesses’ activity is given in the Constitution. Article 1, Section 8 is known as the commerce clause; it states, “Congress shall have the Power…to regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes” (Reed, 173). Through the commerce clause, the government is able to regulate business activity by the use of administrative agencies, which is defined as “a governmental regulatory body that controls and supervises a particular activity or area of public interest and administers and enforces a particular body of law related to that activity or interest” (Administrative Agency, 1). There are two types of regulatory authority that agencies may possess; quasi-legislative and/or quasi-judicial. Quasi-legislative means that agencies can make rules and regulations that have the same impact as a law created by federal legislation. Quasi-judicial authority gives agencies the power to make rulings, just like in federal courts.
Finding good help is hard these days, which is why Bowen will need to have Pierce help her out to get her on her feet. This job can not do a complete turnaround over night. Lots and lots of time and effort will need to be planned out accordingly. Ideas for ways the association can run can be researched by looking at other surrounding areas with the same types of communities. See what they are doing that is working or not working. Referring to another business that is of your same nature can save you a lot of future headaches.
Have you ever wonder what it is like to be the owner of a barbershop? Well Raymond Jackson, owner and operator of Your Barbershop, is the one you should learn from. Not only do you get to work for yourself in this recession-resistant growth industry, you get to revive an American tradition while serving upscale clientele with your staff of professionally-trained employees, all with the support of the latest technology, proven operating philosophy, and an experienced management team at your disposal. In a two-hour interview, Mr. Jackson was asked a series of questions pertaining to his work atmosphere, personal goals, and personal thoughts about his establishment. This report will illustrate the necessities of running an established business.
Is your yard in need of a complete makeover? Are you looking for someone who can provide you with impeccable landscaping solutions? If so, its your lucky day! Our company will gladly provide you with the professional landscaper you need, and exceed your expectations without a moment of hesitation! Contact us today, and find out more!
Ochse, G. (2013, August 15). Things to think about when buying a business. Finweek, 51. Retrieved from http://web.b.ebscohost.com.ezproxy.denverlibrary.org/ehost/pdfviewer/pdfviewer?sid=c4507653-e8f4-4f58-8882-d5d970a15628%40sessionmgr110&vid=2&hid=103
Outdoor Adventure Paintball Park is experiencing a variety of problems related to its management. The primary issue with the company is that it was designed without a critical consideration for growth and this has led to internal issues such as lack of direction and inappropriate staffing. The following management plan provides a blueprint for directing the company and better utilizing its resources.
The key elements of business success are the people involved, the location, the supplies that are available, the plan that’s made as well as cost.
For my career opportunity project, I have chosen to take a look at the profession
Hirsch, E. 1995. “Introduction, Landscape: between place and space” in Hirsch, E. (ed.) The Anthropology of Landscape: Perspectives on Place and Space. Oxford : New York: Clarendon Press.
If I were to start my own business, my dream would be to build a surf and skate shop on the Southern California coast. My business would be located on beachfront property in the surrounding area. This business plan will cover two main subjects, 1: an Analysis of the Business Situation, and 2: the Planned Operation of the proposed business. The first topic will cover the subtopics Trading Area Analysis and Competition in the area for my business. The second main topic will cover the proposed organization of the business, the proposed business, and proposed strategies for that business. The analysis of the business situation will cover geographic and demographic information for Huntington and the surrounding area. It will also contain an analysis of businesses in the area which are of similar type, customer buying behavior relating to my proposed business, and the potential location of my business. The Proposed Operation section will address the topics of ownership, start-up procedure, personnel needs, special functions, and an organizational chart. Details of products which will be sold will also be included, as will my business' pricing policy. I would hope that through my thorough planning and explanation that my business idea will be a grand success on the beautiful beaches of California.