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Incorporation

Incorporation is the act of selling out shares of a company to generate revenue. Questions about incorporating, companies that are or will incorporate, or companies that are already incorporated can be asked here.

1,040 Questions

What form of transportation is the Fung Wah incorporation administering?

Fung Wah is a bus transportation service, they uses their company busses to get you to the places you need to go. They are popular for being easy to afford.

Why we should invest our capital into your business?

You can encourage people to invest capital into your business. People should invest capital in a business when they believe the business will either be profitable or fill a social need which is important to the investor.

What occupational license do you need for pressure cleaning?

None. You may want to consider insurance if you're going to clean things that can break or otherwise could be damaged.

I would check local (city, state or country?) laws. Some states (in the U.S.A. require you to possess a business license if you are providing a service for a fee, even mowing your neighbors lawn for $10. With a business license comes all sorts of legal requirements. Be careful, I've seen people knowledgeable with the law take advantage of those unknowing.

Can a company be a promoter of another company?

Yes, there are definitely cases where a company can be a promoter of another company and there are also opportunities for one company to get another company work contracts through the use of coordinated promotion efforts. These networks allow smaller companies to get more work. For an example check the link below.

What service would a Limited Liability Partnership provide?

A Limited Liability Partnership, or LLP, is a type of business entity where the company risk is spread out between the partners. This means that each partner is responsible and liable for their own actions. All LLPs are different and the services they offer will depend on the sector the specific business is in.

What are some of the advantages and disadvantages of PLC?

PLC-

PLCs have a real fear of a hostile takeover as another company offers to buy shares from the public that has bought them. With around 50% of shares it is likely that they will be the majority shareholder and therefore the new owner.

They are considered safer for the public to sell shares in and so can sell them on the stock exchange and in banks etc

Who does a CFO report to?

CFOs (Chief Financial Oficers) usually report to the CEO (Chief Executive Officer).

What are some examples of financial information systems?

The purpose of a financial information system is to analyze the data that has been entered and generate reports. Examples include Oracle E-Business Suite Financials and SAP Financial Performance Management Software.

What is intercompany market?

The intercompany involves direct lending between companies. The supply of funds in the intercompany market comes from companies that have cash flows surplus to their current requirements. The demand for funds comes from companies who do not have cash flows sufficient to meet their current obligations. Given the nature of trading within the market, it is regarded as an example of a money market.

How did business people form corporations?

They combined their capital and received permission from the government to merge.

How do you vote out a stockholder and what should the meeting minutes say?

If you have a shareholder agreement that allow a shareholder to be voted out, you should follow what the agreement says. Call a meeting, have a quorum present, vote. The minutes should reflect that all of that took place, that the meeting was called, a quorum was present, a motion was made, it was seconded, there was discussion (or not), there was a vote, and the motion carried (or not).

Is Corwood Laboratories NY closed?

They are closing within the next two weeks. I was laid off yesterday 8/4/09 by corwood labs and was informed of plant closing within the next two weeks

Does a preference shareholder not have right to vote on every resolution of a company?

The preference shareholders do not enjoy normal voting rights like the equity shareholders. They are however, entitled to vote in the following two cases.

1. When any resolution directly affecting their rights is to be passed.

2. When the dividend due(whether declared or not) on their preference shares or part therof has remained unpaid.

with regards,

Kishore

What is a LC?

LC means a circuit contain capacitor(C) and inductor(L). They are connected in series. L is inductance, units is Henry(H). C is capacitance, units is Faraday(F) don't have battery.

Besides incorporation how else can you start a business?

You may start doing business as a sole proprietor. You and a partner may do business as a partnership. You can form a Limited Liability Company (LLC). An LLC is a hybrid between a partnership and a corporation. It generally has less formal requirements than a corporation and is usually taxed as a pass through entity like a partnership. Go to your state's Secretary of State or Small Business Association for more information. Good luck.

What is the purpose of pleading?

The purpose of pleading is to make an emotional appeal to someone. Pleading in legal terms is a formal statement of the cause of an action.

What is Assumption Agreement?

Should be two person An agreement is composed of two elements - offer by party & acceptance by other party. {offeree & offeror}, when the offeree gives his assent to the offer, then he is "acceptor"

Should be offer (proposal).

Should be acceptance of offer.

  • What is promise?

According to section 2(b) of the Indian contract act, 1872 "a proposal when accepted, becomes a promise."

Example:X offers to sell his car for Rs.100,000 to Y. Y accepts this offer. This offer after acceptance becomes promise and this promise is treated as an agreement between x and y.

In other words, an agreement consists of an offers by on party an acceptance by the other. In the form of an equation, it can be shown as under.

Agreement = Offer(proposal) + Acceptance of offer

What are the types of competitors in the market?

business competitors business competitors business competitors business competitors business competitors

What is pcfc?

Pre-shipment Credit in Foreign Currency is referred to as PCFC in the Indian banking circles. Some times referred to as Packing Credit in Foreign Currency.

What is FOR Price?

FOR price is the price of a product inclusive of Freight Charges.