Realty Essay -- essays research papers fc

TABLE OF CONTENTSTITLE PAGE2EXECUTIVE SUMMARY3BUSINESS OWNERSHIP3 support.4MARKETING5CONCLUSIONS/RECCOMENDAITONS10BIBLIOGRAPHY..11APENCICESAPPENDIX I.12APPENDIX II18APPENDIX III...23APPENDIX IV...27APPENDIX V28Proposal forGREENACRES REALTYCompiled by BALENTINE SOLUTIONS.01/03/05The purpose of this proposal is to provide in depth information, research and knowledge of several different approaches that can be taken into account when deciding on what avenue to pursue for Greenacres Realty. Balentine Solutions trusts that once this proposal has been explored, you will be able to come to a curt decision and your logical argument will be ready for existence.BUSINESS OWNERSHIPThere be two possibilities of business ownership and structure that must be considered for Greenacres realty, they are1. PARTNERSHIPPartnerships are simple and relatively inexpensive to establish. They can be made up of a minimum of two and a maximum of 20 members. The ability to raise capital becomes somewhat eas ier with there being a wider choice 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 much(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 have expressage liability, thus, if one or more partners are not able to pay a debt, die or decide to break the partnership agreement, it is left upon the shoulders of the remain 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 partnership overtake appendix IPartnership a greement 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 Company 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 beginningCompanies dont have to quote both the ABN and ACN on documents. Under the Corporations Act, a company is required to show its ACN on all national documents and negotiable instruments. However, companies with an ABN can use the ABN in place of their ACN, on the condition thatthe ABN includes the companys ACN as the last nine digits, and the company quotes the ABN in the resembling way it quoted its ACN.APPENDIX IIInewspaper