I
This type of business has low operating cost, freedom to work anywhere and quality customer support?
Online business
Why will the recipient want you to use only one email thread for the same project?
It separates the emails and the topic so it stays organized.
(x2 pts) A joint venture between a franchisor and a franchisee is called?
Franchise
One of the four functions of a small business is P-----g.
Planning
(x3 pts) The richest man that ever lived was named?
Mansa Musa
What is recommended for the subject line?
The basics in a couple words for the topic of the email
A legal entity that's separate from its owners is called?
Corporation
This type of business has high over-overhead cost, geographical limitations, and a lower sales tracking.
Physical business
Someone who owns an unincorporated business by himself or herself.
Sole Proprietorship
One of the four functions of a small business is O----g.
Organizing
This company is created by filing a certificate of formation with the Texas Secretary of State. It is called an?
LLC
This type of business allows consumers to pursue and test products in person providing instant gratification to shoppers.
Physical business
What can you do if it's too impolite to estimate a time frame?
Describe shortly what they are expected to do
A spending plan that maps out the amount of income versus the amount of expenses during a specific period of time.
Personal budget
One of the four functions of a small business is D----g.
Directing
This type of business is competitive, lacking of interaction, advertising cost, and negative reviews.
Online business
Why is it important to recap?
To help the sender organize their thoughts.
Similar to limited partnerships, but give limited liability to every owner.
Limited Liability Partnerships
A term that covers managing your money as well as saving and investing.
Personal Finances
One of the four functions of a small business is C----g.
Controlling
A non-registered, unincorporated business run solely by one individual proprietor with no distinction between the business and the owner. This is known as an?
sole proprietorship
The owner of is entitled to all profits but is also responsible for the business's debts, losses, and liabilities.
These are corporations that elect to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes. They are called?
S corporations
Is an independent legal entity owned by its shareholders. This is called a?
C corporation
Profit is taxed twice—as business income at the entity level and the shareholder level.
(x2 pts) What are the Four legal business structures?
Sole proprietor , S Corporation , C Corporation, LLC
What room number and hall is Ms. Morgan's class located?
Room 105, Science Hall