1 / 4

EGR 403 Asset Allocation in Technical Decision Making

EGR 403 Asset Allocation in Technical Decision Making . Project #2 Team 8. Business Ventures Selecting the right type of incorporation. Comparison of two types of business entities: Corporation Type C Taxed on the corporate income directly Unlimited Number of stockholders

edolie
Download Presentation

EGR 403 Asset Allocation in Technical Decision Making

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. EGR 403 Asset Allocation in Technical Decision Making Project #2 Team 8

  2. Business VenturesSelecting the right type of incorporation • Comparison of two types of business entities: • Corporation Type C • Taxed on the corporate income directly • Unlimited Number of stockholders • Limited Liability Company • Hybrid business entity having characteristics of both a corporation and sole proprietorship

  3. The Case Study • Four engineers want to incorporate their company that designs and manufactures solar panels for residents in the Los Angeles area. They’ve been in business for the past 10 years • The company currently has: • gross income of $800,000.00 / year • has 80 employees • $200,000.00 in assets (machines, property, tools, etc.) • Want to choose the right type of corporation that can help maximize profit. • There are two options : 1) Corporation Type-C 2) Limited Liability Company • Choice will be based on maximum profit after taxes

  4. Resources • Research the differences between business types • Research the cost benefit’s between them with respect to the tax codes of California

More Related