T-Shirt Business Essay

Submitted By fattony733

Words: 403

Pages: 2

Open Document

Thirty years ago a young man named John Doe graduated from college and decided he wanted to use his business expertise to start his own company. The product that the company was going to make was high end t-shirts. John started working out of his garage and using his vintage sewing machine he set to work making and selling t-shirts. John was invested in a sole proprietorship, but he knew that his company was growing and he would need a bigger space and more employees.
One day John came across a friend he had known from college name Jane who was also in the t-shirt business. Both John and Jane knew that if they combined their assets and their knowledge they could do much better than either could on their own. John and Jane decided to merge into one company and form a partnership. At this point both John and Jane where sharing the company and the company’s profits, but they were also sharing the liability if someone should sue the company or if the company got into some form of legal or financial trouble.
The company remained a small entity but the liability made John and Jane uneasy and if the company started to incur debts both John and Jane’s careers and finances would be in a lot of trouble. To solve these problems John and Jane joined up with another high end t-shirt maker to form a limited liability company. All three entrepreneurs where now members in the LLC and would be taxed individually but still be active managers and owners in the company.
The company grew

Term Paper

Correctional Health Care Increasing Staff Motivation and Satisfaction MGMT 591: Leadership and Organizational Behavior Professor Brett Gordon December 17, 2012 The organization that will be the topic of discussion in my final project paper is Georgia Health Sciences Universities (GHSU), Georgia Correctional Healthcare (GCHC) division. GHSU is both a hospital and teaching institution based in Augusta, Georgia. GHSU was founded in 1828. Georgia Health Sciences University is home to…

Words 2285 - Pages 10

Term Paper

companies use shady accounting practices to enflate revenue or hide losses, the public can’t get an accurate picture of what they are investing in. The public demanded that something be done, so in 2002 the U.S. govt passed the Sabex-Oxly act. For my term paper I will examine some the corporate scandals that led to the creation of the act. Deragulation was lobbied for hard on wall street during the Bush Presidency. The public was lead to believe that loosing the rules on corporate practices would lead…

Words 999 - Pages 4

Term Paper

Learning activity Term Paper Test for Hidden Bias The Implicit Association Test, tests for unconscious biases. I chose this learning activity to see if I have any hidden biases. I have always believed that I was a straight shooter never putting on a facade or giving a false presentation of myself. To prepare for taking this activity, I made sure that I was in a quiet room, away from any distractions. I concentrated on each activity as they appeared on my computer screen. I chose six categories to…

Words 765 - Pages 4

Term Paper

Community Organization September 16 2013 Compare and Contrast Community Organizations The two community organizations that I choose to compare and contrast is Do-All,Inc and United Way. I have worked with both of these organizations in the past, and they are both really good organizations, and do a lot of improve the overall community. Do-All, Inc. evolved from a dream for a better life for people with disabilities. Do-All, Inc was formed in 1952 by the Bay County Association of Retarded Citizens…

Words 723 - Pages 3

term paper

Progressive Roots - In the beginning of the 1900s, America had 76 million people, mostly in good condition. Then before the first decade of the 20th century, the U.S. would be influenced by a “Progressive movement’ that fought against monopolies, corruption, inefficiency, and social injustice. 1. The purpose of the Progressives was to use the government as an agency of human welfare. - The Progressives had their roots in the Greenback Labor Party of the 1870s and 1880s and the Populist Party…

Words 2369 - Pages 10

Term Paper

Pediatric Oncology Nursing Did you know that one in one hundred new nurses will become a pediatric oncology nurse? Pediatric oncology nursing is a very demanding and heartwarming career. To be a pediatric oncology nurse means to be a primary care coordinator for the management of patients with cancer. A pediatric oncology nurse will assess patient needs, implementing a plan with appropriate tasks for the patient to gain progress. Not only will the pediatric oncology nurse help with the patient…

Words 1781 - Pages 8

Term Paper

Introduction Software as a Service (SaaS) has the potential to transform the way information-technology (IT) departments relate to and even think about their role as providers of computing services to the rest of the enterprise. The emergence of SaaS as an effective software-delivery mechanism creates an opportunity for IT departments to change their focus from deploying and supporting applications to managing the services that those applications provide. A successful service-centric IT, in turn…

Words 6880 - Pages 28

Term paper

issues that occur there are many that people may not be aware of, but the ones that will be discussed to explore ethical situations are Unauthorized Access related to software, hardware, network, internet web mining, IT freedom and hacking. This paper examines how each unauthorized access should be handled and provides examples of each related area of security. Security – Unauthorized Access Unauthorized access is known as the act of gaining access to a network, system,…

Words 3103 - Pages 13

Term Paper

The Emancipation Proclamation and the Death of an American Hero. Students Name Professor’s Name History 150 Online 10 March 2014 There were many different events that happened during the time of President Abraham Lincoln and the Civil War. President Abraham Lincoln came up with the Emancipation Proclamation which was an effort to help end slavery, eventually leading to the thirteenth amendment to abolish slavery altogether. Sadly his life was cut short. John Wilkes Booth assassinated him…

Words 1950 - Pages 8

Term Paper

he Glass Menagerie is a very character oriented poem. Tom, Amanda, and Laura are all very well developed characters. They all have significant and unique characteristics that are shown well throughout the poem. Tom is the most interesting to me though because of his qualities and even his flaws. Tom has a few different and contradicting characteristics such as he is easily persuaded, his determination and his strong sense of guilt. Tom Wingfield seems to be easily entrapped and persuaded into…

Words 348 - Pages 2