SOHO…. SMALL OFFICE OR HOME OFFICE
Hailegiorgis Biramo Allaro
11 October 2011
SOHO...or Small Office/Home Office
Small businesses are companies with less than 50 employees. Small businesses can also be classified according to other methods such as sales, assets, or net profits.
About 50 to 1000
A small business is a business that is privately owned and operated, with a small number of employees and relatively low volume of sales. Small businesses are normally privately owned corporations, partnerships, or sole proprietorships. The legal definition of "small" varies by country and by industry, ranging from fewer than 15 employees under the Australian Fair Work Act 2009, 50 employees in the European Union, and fewer than 500 employees to qualify for many U.S. Small Business Administration programs. Small businesses can also be classified according to other methods such as sales, assets, or net profits.
A company will be called a subsidiary/holding(sebtion-4 of companies act,1956)- if a company holding a company of another i.e it may be of (i).where the other company controls the composition of its board of directors,or (ii)where the company hold more than 50 percent of paidup capital,or (iii) The company is subsidiary of the subsidiary. IS CALLED THE SUBSIDIARY COMPANY .The other than subsidiary is called holding i.e which controls the other company due to the conditions stated above
SOHO...or Small Office/Home Office
Small businesses are companies with less than 50 employees. Small businesses can also be classified according to other methods such as sales, assets, or net profits.
In 1997 the majority of the top 50 competitors reported less than $50.0 million in sales and had fewer than 200 employees.
Despite the fact that some firms are very large, 53 percent have fewer than five employees and report revenues of $50 million or less. The industry reported 325,900 employees in 1998.
Large employers are defined as having 50 or more full-time equivalent employees. Small employers have fewer than 50 full-time equivalent employees.
About 50 to 1000
fewer than 50
Businesses with less than 50 employees are not obligated to provide health insurance; so in this instance, employers can pick and choose if they wish. Businesses with more than 50 employees are obligated to provide insurance. If they do not, a penalty must be paid for every employee in the company.
form_title= Setting up a Company form_header= Starting a new company? Find ways to help you set it up. What type of company are you starting?*= _ [50] WIll you be using a home office?*= () Yes () No How many employees will you be hiring?*= {10, 20, 30, 40, 50, More than 50} Have you ever owned a business before?*= () Yes () No
No, if they are similiary situated individuals. It could be done by class - say management vs. salaried For more details http://www.steveshorr.com/dictionary.htm#Similarly_Situated_Non-COBRA_Beneficiaries
form_title= Employee Reviews form_header= Find the best ways and when to hold annual reviews. How many employees are in your company?*= {10, 20, 30, 40, 50, More than 50} How often do you employees get reviewed?*= {Once every 3 months, Once every 6 months, Once ever year, Other} What do you what to include in the review?*= _ [50]
BounceBack is a company that make makes computer software for judges and prosecutors. The BounceBack company was founded in the year 1993 and has 50 employees.