Acc 220
Res342 - The accounting functions are a vital part of all businesses. I have recently researched and developed a sole proprietorship photography business called “Mercedes’ Flash”. The accounting functions in my business will be managed well and the feedback will be monitored often. As previously discussed your investment group is willing to give the capital needed for the first year of my business.
Res 342 - I am aware that starting a sole proprietorship business all profits and losses accrue to me and are subject to taxation. I also understand I have unlimited liability and all decisions are made by the sole proprietor, which is me. I thought this business structure would be the easiest to start and stop due to the fact this is my first business. This business structure will also make the accounting functions simpler because I will pay self employment taxes on the profits made.
Acc220 - Mercedes’ Flash will be located in my home town in Massachusetts. Mercedes’ Flash will provide digital photography services for people of all ages, animals, and special events. Inside Mercedes’ Flash there will a variety of homemade products being sold like blankets, photography books, and various little other things. You have the option to have your picture taken on our lovely 1 acre land set up for great backgrounds, a request location, or inside with a background of your choice.
Acc 220 - The capital your investment group has been willing to give to get my business started is a necessity. Accounting will play the biggest role in get my business started and to keep it going. The accountant functions my business will need are account payable, accounts receivable, banking, taxes, investing, and inventory and fixed assets managements. Being a sole proprietor I will be a very busy person. I need to make a flow chart and ensure I follow it on a continuous basis.
Acc 220
Res 342 - I am aware that starting a sole proprietorship business all profits and losses accrue to me and are subject to taxation. I also understand I have unlimited liability and all decisions are made by the sole proprietor, which is me. I thought this business structure would be the easiest to start and stop due to the fact this is my first business. This business structure will also make the accounting functions simpler because I will pay self employment taxes on the profits made.
Acc220 - Mercedes’ Flash will be located in my home town in Massachusetts. Mercedes’ Flash will provide digital photography services for people of all ages, animals, and special events. Inside Mercedes’ Flash there will a variety of homemade products being sold like blankets, photography books, and various little other things. You have the option to have your picture taken on our lovely 1 acre land set up for great backgrounds, a request location, or inside with a background of your choice.
Acc 220 - The capital your investment group has been willing to give to get my business started is a necessity. Accounting will play the biggest role in get my business started and to keep it going. The accountant functions my business will need are account payable, accounts receivable, banking, taxes, investing, and inventory and fixed assets managements. Being a sole proprietor I will be a very busy person. I need to make a flow chart and ensure I follow it on a continuous basis.
Acc 220