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What is the benefit to being a subcontractor to another company?
Wiki User
∙ 13y ago
As with the BP oil spill the contractor is responsible for the subcontractor actions.
Wiki User
∙ 13y ago
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What is the benefit of using a drop ship company?
For those starting an online business, using a drop shop company has many benefits. For one, a large initial investment in inventory isn't needed - the drop ship company takes care of that for you. In addition, since your inventory is being handled by another party, you are free to locate your business anywhere you please.
What is non financial benefits?
it is when no money or anything of profit concludes in your benefit it haveing a benefit without getting money like being your own boss is one for example or an another example is improving what you have a passion for that's what i can think of there should be more
A profitable company is not necessarily a solvent company?
A profitable company is not necessarily a solvent company. Being solvent means that company is able to cover its liabilities and this does not translate to profitability.
What is another word for not being in compliance?
Being in violation (of).
What is the difference between a regular company and a limited company?
I can only answer from a UK perspective, but here the difference is mainly to do with ownership. A 'normal' company is classed as a sole trader and so the money of the company and the owner are seen as the same. If the company gets into debt or is sued, the money can be taken from the company and the owner. So the owner could lose their house, personal savings etc. The benefit of being a sole trader is that the legal requirements are pretty straight-forward so it is easier to keep accounts and complete tax returns. A limited company means that the company and the owner are separate. Debts can only be paid from the money the company has - the owner cannot lose their private property. The downside to a limited company is that it is often more expensive to run, as there are more legal requirements, such as accounts need to be published and audited. It can be more tax efficient to run a limited company though.
Can a subcontractor hire another subcontractor and put a lien on property if second subcontractor is replaced even with a signed contract?
A subcontractor can hire another subcontractor but can only put a lien on the property if the original subcontractor isn't paid. The lien can also be placed if the second subcontractor was not paid because of the original subcontractor was not paid. The replacement of the second subcontractor is not grounds for a lien.
What are the advantages to a company of doing a sale and leaseback of their buldings?
One of the advantages to a company doing a sale and leaseback of their buildings is to raise extra capital. Another benefit is being able to invest this capital in their company.
How would you benefit a company in home health services?
by being quiet
Benefit of being a stockholder?
Risk of being a stockholder: Stockholders can lose their money if the company goes bankrupt. Benefit of being a stockholder: Stockholders share in the company's profits. Power of a stockholder: Stockholders can vote for the members of the board of director
In addition to being able to grow larger what is another benefit of being multicellular?
Its Specialized Cells
Benefits of planning?
A benefit to planning is being well organized. Another benefit to planning is knowing what you need ahead of time.
Why did the people find the Virginia company?
Like today, companies then were formed to benefit those being part of it. so that is why the company was started
What is the benefit of being an olympic athlete?
The benefit of being an Olympic athlete might include fame and notoriety. Another benefit could include increased earning potential later in life due to that fame.
What are benefits of private placement to companies and the investors?
to attain some benefit from this private company the shares are being sold to
What is the law to becoming a subcontractor?
From my understanding, their is no law for being a sub, just know the difference in employee and sub. that's it
What happens to stockholders when a company is acquired by peaceful possession?
The purchasing company will make an offer to purchase the company stock at a specific price per share. This purchase is most often made by exchanging shares of the purchasing company for the shares in the company being sold. The specific ratio of exchange is often negotiated by the Board of Directors of the company being sold. The purchasing company will want as low a price as possible for the benefit of its current shareholders. The company being sold will want as high a price as possible for the benefit of its shareholders. In a peaceful acquisition, the Board of Directors willingly sells the company.
How can speaking Spanish benefit to being a baseball player?
Speaking another language is not a benefit to playing baseball, but the ability to play is, regardless of what language one speaks.
