Realty Essay -- essays research papers fc

TABLE OF CONTENTSTITLE PAGE2EXECUTIVE SUMMARY3BUSINESS OWNERSHIP3 financial support.4MARKETING5CONCLUSIONS/RECCOMENDAITONS10BIBLIOGRAPHY..11APENCICES addition I.12APPENDIX II18APPENDIX III...23APPENDIX IV...27APPENDIX V28Proposal forGREENACRES REALTYCompiled by BALENTINE SOLUTIONS.01/03/05The purpose of this project is to provide in depth information, research and knowledge of several antithetic approaches that washbowl be taken into account when deciding on what boulevard to pursue for Greenacres Realty. Balentine Solutions trusts that once this proposal has been explored, you will be qualified to come to a concise decision and your pipeline will be ready for existence.BUSINESS OWNERSHIPThere argon two possibilities of business ownership and structure that mustiness be considered for Greenacres realty, they are1. PARTNERSHIP confederacys are simple and relatively inexpensive to establish. They can be made up of a minimum of two and a maximum of 20 members. The exponent to ra ise capital becomes somewhat easier with there being a wider selection from personal sources and financial services. Everyone involved brings with them an area of expertise and the business can be sub-divided into specialization. The work load is shared. Partners decide on how profits and/or debts are to be distributed and a contract is drawn up outlining such(prenominal) issues before the business is started, this ensures everyones protection. Although a contract is drawn up it must also be understood that partnerships do not sire limited liability, thus, if one or more partners are not satisfactory to pay a debt, die or decide to break the partnership agreement, it is left upon the shoulders of the remaining members to cover any incurred costs. A partnership does not pay income tax .Each partner records their share of the profit/loss on their individual tax return, however, a separate income tax return must be lodged to report the income of the partnership.Tax return from for p artnership see addendum IPartnership agreement see app... ...ners have caused this Agreement of Partnership to be executed on the dates indicated below, effective as of the date indicated above.Partners Signatures of partners The Australian caller Number and the ABNOn forming a company, you are issued with an Australian Company Number (ACN) by the Australian Securities and Investments Commission. When a company registers for an ABN, the number issued by the Australian Business Registrar is its ACN with two check digits at the offset printingCompanies dont have to quote both the ABN and ACN on documents. chthonic the Corporations Act, a company is required to show its ACN on all macrocosm documents and negotiable instruments. However, companies with an ABN can use the ABN in place of their ACN, on the check up on thatthe ABN includes the companys ACN as the last nine digits, and the company quotes the ABN in the same way it quoted its ACN.APPENDIX IIInewspaper