What are the steps to convert a private company into a public company?
Following documents are required for conversion of a private company into public company:
1. Altered Articles of Association.
2.Statement in Lieu of Prospects.
3. Power of Attorney by the authorised person, may be the director or promoter of company.
4. Altered copy of Memorandum of Association because there will be change in name clause, word 'private' will be deleted.
Procedure:
1. first call the board meeting to discuss about such conversion and to authorize a person to do all acts, deeds, and execute all documents to be filed with ROC, and to issue the notice regarding the holding of EGM/AGM.
2. pass the special resolution in EGM/AGM for the change in the Articles of Association as well as Memorandum of Association of the Company and File e-Form 23 with ROC.
3. get the SLP prepared and file it in e-Form 62 within thirty days from the date of alteration means after the approval of e-Form 23 by the concerned ROC.
After filing e-Form 62 and its approval from the ROC then the status of the company will be changed from 'Private' to 'Public".
How can you start a live scan fingerprinting business?
Opening a Livescan Fingerprinting business is not a difficult task. The difficult part is knowing if you can open a livescan fingerprinting facility in your state. Currently California is the only state that allows the private sector to provide these services. Most states like Illinois, Texas, and some others only allow this to be done through statewide contracts. Some states such as Nevada and Maryland are moving into allowing private sector to provide these services - like California. All in all 26 states use livescan technology for applicant processing/background checks (non-criminal applications)
What is the average sales per square foot for a restaurant?
Well, it depends on what type of restaurant you have. Casual dining restaurants like Chili's or Applebees will average between $550 and 650. $2,800,000 / 4500 sq. ft Fast food chains like McDonalds and Chick-fil-a do better averaging about $1000 per foot. $1,300,000 / 1200 sq. ft Up scale restaurants Ruth's Chris or Morton's are in the middle, around $800 $4,500,000 / 5250 sq. ft Keep in mind that these are for the well known and profitable chain restaurants. Mom and Pop restaurants usually do not hit these numbers due to lower brand rcognition.
A movie's gross is the total amount of money a movie makes during its run in the box office (I'm not sure if physical media sales such as Blu-Ray and DVD counts here). A movie's net profit is the total amount of money gained after taking into account the expenses needed in order to create the movie. Here, physical media would be harder to calculate as profit from sales often are distributed to various people (such as the distributor), so I don't think they are often included.
Venture Capital are funds made available for startup firms and small businesses with exceptional growth potential.
Venture capital is also called seed money
What is the vision and mission of lakme?
Lakme follows the same mission and vision statement as their parent company Unilever. The statements focus on encouraging people to do more, helping people feel good, and reducing their impact on the environment.
How do you enter franchise with boxer super store?
Boxer Superstores are owned by the parent company Pick n Pay. In order to open a franchise, you will need to have a bank guarantee, insurance, and pay a franchise fee.
TradeSolidis the platform where you would enjoy binary options trading at its best. It was established in the year 2008 and by now the website has more than 1000 loyal users from different parts of the world. The trading platform has offered the trading tools and applications in different languages. They are providing a convenient and easy experience of trading. They are using advance technology throughout the platform to make trading easy even for the beginners.
They are not just providing sufficient help when it comes to trading, they are also providing the best customer service. In the beginning, when it joined their trading platform, I was having trouble with trading signals. Unlike other trading platforms and other providers, I was expecting that help will not come to me soon. I will have to wait for the response in order to get started with. The amazing thing was that they replied in time. They are available 24 hours a day for 6 days of the week. Usually, trading websites say they will be available 24/7 but they are saying they are available for 6 days of the week only. This is one of the main reasons why I decided to trust their services and I invested my money in this platform. The payouts and the profits which they are giving are according to the terms they have specified. Everything is clear and transparent and if you are looking for the best help then they are definitely the people whom you can trust. By using the provided trading platform, you can increase the chances of success when it comes to trading. They are also guaranteeing that the transactions will be protected. What more can a trader need? It would actually recommend all traders to use this platform for trading purposes so that they can make profits out of the investment opportunities.
call-+442038082011
What are the advantages and disadvantages of reinvested profit?
the advantages of reinvesting profits are :-
-no interest rates
the disadvantages of reinvesting profits are:-
-only the amount of money in the business can be reinvested
-dont get income from investment
How to set up a Venture Capital Fund?
I am a CPA whose firm specializes in handling the back office accounting for venture funds so feel comfortable speaking to some of the non-marketing issues related setting up a fund. Structure Generally, the first step in setting up a venture fund is finding a lawyer to prepare your legal documents. Your lawyer will help you decide a number of items. You will generally save some time and money by thinking about these issues before meeting with your lawyer. Structure - Most venture capital funds are structured as limited partnerships. Limited partnerships generally have two types of investors: limited partners and a general partner. Limited partners are generally non-active investors who commit to invest a fixed amount of money to the fund (capital commitment) in exchange for a pro-rata share of the economics of the fund (e.g. proceeds from sales, dividend income, interest income). The liability of each limited partner is limited to his/her/its commitment to the fund. Fund's generally have one general partner. The job of the general partner is to manage the fund's investments. Generally, a general partner will make a capital commitment of one percent of the commitments of all partners. For example, if the limited partners were to commit $99 million to a fund, the general partner would commit $1 million. I have seen funds that are structured as LLC's and Small Business Investment Companies (SBICs) as well as Business Development Companies. You should speak with your lawyer about the pros and cons of each structure. Fees - Generally the general partner gets paid in two ways: Management Fee - The general partner (generally through its affiliate, the management company) receives an annual management fee equal to two to two-and-half percent of committed capital. For example, if the fund had total commitments of $100 million and a two percent managment fee, the fund would pay the management company $2 million per year. The management fee is intended to cover the operating costs of the management company including investment personnel salaries, rent, utilities, etc... Carry - The general partner generally receives 20% of the profits of a fund. The general idea is that if the fund is profitable, the general partner will receive a reward. For example, if a fund was able to pay $200 million in distributions to investors who contributed $100 million, 20% of the $100 million gain ($200 million in distributions - $100 million in contributions) or $20 million would go to the general partner. Some funds will have hurdle rates that require the fund pay back not only the contributions of the limited partners but also provide them with some return on their investment (e.g. 8% per year) before a carry allocation is paid. Other expenses - Some other expenses that are not related to the management company are as follows: Audit and Tax Fees - These are the amounts paid to an outside CPA firm to have the fund audited and tax forms (referred to as schedule k-1's) prepared. (Side note: Limited partnerships are passthrough entities for tax purposes meaning the income and expenses are passed on to the partners. The Schedule k-1's tell each partner how much he or she owes.) Due Diligence Expenses - These are out of pocket expenses for travel and advice that the employees and members of the management company or general partner incur when looking at companies to invest in. Legal Fees - These are the legal fees incurred by the fund. Organizational and Syndication Costs - These are the costs related to structuring a fund including legal costs and the costs of recruiting limited partners to invest in the fund. Legal Documents The lawyers usually prepare three main legal documents for a fund: Partnership Agreement - This agreement spells out all of the operational rules of the partnership. It would include the formulas for calculating the carry and the management fees. It would also detail limitations in the amounts and types of investments that the general partner is allowed to make. Offering Document (Private Placement Memo) - This is the marketing document for the fund. Unlike mutual funds which are heavily regulated, venture funds are generally not registed. In exchange for the lack of regulatory burden, venture funds must avoid marketing in general. Venture Funds are allowed to put together private placement memos which are designed to provide a potential investor with all of the information that such investor may require including explanations of the fund structure, its strategy and management. Subscription Documents - These are the documents an investor must fill out in order to invest in the fund. It includes personal information including contact information and tax identification numbers. It also includes the investors commitment amount. It includes a questionaire designed to determine whether or not the investor is qualified to invest in the fund. It is important that you hire lawyers with fund knowledge and experience to get this document right.
How much is the cost of Sr Pedro franchise?
franchise fee itself would probably be 15 thousand dollars
What are the Aims of venture capital financing?
Venture Capital involves the financing of start-up companies. These companies generally don't have the ability to source capital from traditional sources like banks or public markets as they are in the early stages of their life cycle and often generate negative cash-flows. So, rich individuals who can afford to take huge risks usually invest or rather fund such new business ventures.
Financial is provided during the following 3 stages:
1. Seed Stage - For research, assessment and development of an initial concept
2. Start-up Stage - To finance product development and initial marketing of the product
3. Expansion Stage - For the increase of production capacity, development of markets or products or enhancement of working capital.
Do recording studios profit from albums a band or artist sell if all the songs are recorded there?
Generally, no - the artist usually rents the studio(s) for a certain period of time to record the tunes, and the producer may or may not use the same studio for mixing the "tapes". However, studios that successful songs were recorded in sometimes get famous, and then get more business. But studios charge by the hour, not by the copy sold.
What is the average start up cost for a cafeteria?
"http://wiki.answers.com/Q/What_is_the_average_start_up_cost_for_a_cafeteria"
In a nutshell, grant writers write proposals to obtain funding for nonprofit organizations, schools, government agencies to support programs and services.
There isn't a specific major in grant writing but a college degree in English, humanities, social science, or any other major that emphasizes writing and research provides a good grounding for the field. A variety of classes and workshops on grant writing are offered by nonprofit organizations, community colleges, and through continuing education programs.
You can also check out "Grant Writing as a Career" at the Related Link below.
What are the advantages disadvantages of investing in gold?
The primary advantage of owning gold is that there is no counter party risk to the value of your investment. Gold has been a store of value since ancient times and this is not likely to change. By contrast, an investor in bonds or stocks could lose their entire investment if a company goes bankrupt. Despite the fact that gold can fluctuate in value, it is almost impossible to imagine a scenario when gold would have no value. The disadvantages of gold is that it is a sterile investment in terms of producing income. An investor holding physical gold will only see a gain in value if the price of gold increases. Many investors who purchase gold believe that it is a safe alternative to paper currency backed investments since over time many currencies have failed or the value of the currency has declined dramatically due to inflation. For a more detailed explanation, please see my article on "How To Invest In Gold" (http://investing.answers.com/types-of-investments/how-to-invest-in-gold).
How do you start up a hotel business?
To start a hotel business , you should need have products. We are a factory in China,which specilized in maufacture various kinds of slippers for hotel and spa. As a tourist Supply factory we also produce hotel amenities,bottles,laundary bags etc... For more detailed of our products ,you can visit our websit www.cn-jbl.com or www.hotel-slippers.martbase.com YANGZHOU JBL GUEST SUPPLY CO.,LTD.
No.2,Jinyuan Road,
Yangzhou City,Jiangsu Province,
CHINA, 225111
TEL:0086-514-82092217
FAX:0086-514-87499828
Mobile:0086-13801457507
msn:xuwanlei@tom.com
skype:xuwanlei1
Email: xuwanlei@163.com
howard@cn-jbl.com
www.cn-jbl.com
www.hotel-slippers.martbase.com There are three kinds of "hotel businesses." The first is a hotel. You can buy an older property or build one. You'll need a hospitality consulting firm to do either one--an old hotel might be a haven for prostitution and drug-related murders, a new one might not be in the right place or it might not offer the services guests have come to expect. The second is a hotel supply firm. These can be general firms that handle everything from the smallest guest room amenities to the largest pieces of equipment. They can also be specialty firms that sell...oh, nothing but laundry stuff. There are people doing a land-office business selling nothing but cleaning supplies for housekeepers. The third is a hotel supply manufacturer. I know a man who makes nothing but blankets for hospitals and hotels. There must be money in it because he's been there for the last thirty years cranking these out. But before you go into any of these businesses, get a job in a hotel. That will teach you more about what hotels need than anything else you can imagine.
What is the best way to get a new business loan if you have bad credit and very little cash?
We all have great ideas for a business but inadequate funds to been this ideas to reality. This is where a secured business loan will give you that cash you require for the funding. A secured business loan is a type of personal loan secured against an asset, which typically be your home. You must be very careful about loan repayment since, if you default in the repayment, your property may be repossessed by the lender. A secured business loan can be used to cover many different things such as cover start-up costs, existing business debts, buying a franchisee, paying salaries of employees, buying new equipments, or conducting research and development for products or marketing.
Which cryptocurrency company is generating more interest?
DiversyFund is a financial tech start-up dedicated to creating wealth for the everyday investor. They make it possible for all Americans to invest like the 1% by helping people diversify their investments beyond stocks and bonds and into Commercial Real Estate (alternative assets). Currently, they offer a real estate fund that allows everyday people to invest in apartment complexes through their private real estate investment trust (REIT). DiversyFund aims to close the wealth gap and enable everyone to achieve financial freedom
cuttly/3vmDWae
What are the differences between a public and private company?
public means anyone private means certain people that already knew about the corporation
What is the mission statement for Morrison's?
"It is our aim to become the food specialist for everyone." is Morrison's mission statement.