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Why is owner of a business is interested in the activity of a business?
Wiki User
∙ 8y ago
The activity of the business is what generates money for the business and the owner will want to maximize income.
Wiki User
∙ 8y ago
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What is another name for a small business owner?
Another name for a small business owner is "proprietor." In the US, if the owner is doing business as an LLC, he is a "member."
What is the business entity convention?
Business entity convention The convention that holds that, for accounting purposes, the business and its owner(s) are treated as quite separate and distinct. The business entity concept provides that the accounting for a business or organization be kept separate from the personal affairs of its owner, or from any other business or organization. This means that the owner of a business should not place any personal assets on the business balance sheet. The balance sheet of the business must reflect the financial position of the business alone. Also, when transactions of the business are recorded, any personal expenditures of the owner are charged to the owner and are not allowed to affect the operating results of the business. Business entity convention The convention that holds that, for accounting purposes, the business and its owner(s) are treated as quite separate and distinct. The business entity concept provides that the accounting for a business or organization be kept separate from the personal affairs of its owner, or from any other business or organization. This means that the owner of a business should not place any personal assets on the business balance sheet. The balance sheet of the business must reflect the financial position of the business alone. Also, when transactions of the business are recorded, any personal expenditures of the owner are charged to the owner and are not allowed to affect the operating results of the business.
Why would a business change their ownership?
Becuase they want to have a owner which can provide the business much better then the owner they have at this moment.
Why a business has a distinct identity from the owner?
because he is taking risk and any loss by the business will be suffer by the owner himself.
Does a business owner get paid in the startup process of a new company?
Only if the business is making a profit and the owner chooses to pay himself.
Who are the people that are interested in the financial statements of a business?
the people who are interested in the business financial statement are : -- the BIR -- the business's prospective investors -- the management -- the owner of the company/business hope this answer helps you
Is renting a condo an at risk activity?
"At risk" has to do with whether you as an owner, or part owner, of a business have any liability for money put up by a third party; it has nothing to do with the nature of that business (such as renting condo's).
What kind of business owner may be interested in purchasing commercial pizza ovens?
A business owner of a pizza restaurant franchise may be interested in purchasing commercial pizza ovens. Information of buying commercial pizza ovens can be found on eBay, Start up biz hub, and WEBstaurant store.
Who are people are very much interested in an activity?
All people are very much interested in an activity
What do you call a woman who is the owner of a business?
a business owner
Who would be interested in a business?
i almost graduate, very interested in business
What are some ways to easily identify small business franchises?
In order to identify small business franchises, an interested party must do research into the business itself. For the most part talking to the owner will clear the question up quickly.
What is a name for a business owner?
Another name for a small business owner is "proprietor." In the US, if the owner is doing business as an LLC, he is a "member."
Why is the operating earnings subtotal included in most income statements?
Operating income is the income generated by business with basic business activity that's why everybody interested in that amount more than anybody else.
Define what is a business activity?
Business activity refers to transactions that move the business forward. Sales, customer service and shipping products are all aspects of business activity.
Who is more interested in business?
im very interested in business , about to ask a same question
Which make more money an WWE wrestler or a business owner?
Business owner
