Types of Businesses – Definition of Business Types

A man is known by the company he organizes. – Ambrose Bierce

[Types of Businesses] – Owning your own business is a major part of having great economic success in a capitalistic society. There are many types of businesses to choose from so one of the first decisions you’ll make is the type of business to open. There are several options to explore for the structure of your business. This article will give you the definition of three of the most popular business types. These types of businesses are: (1) Sole Proprietorship, (2) Corporation, and (3) Limited Liability Company.

(1) Sole Proprietorship – individual ownership and operation of a business.

A sole proprietorship is not a separate organization and does not have any formal requirements for formation. The individual simply begins doing business. Most sole proprietorships are small businesses, and initially their business capital needs are small. Typically, the individual provides the funds. In order to get financing, a sole proprietor takes personal financial risk. The income of the business is the income of the sole proprietor and is reported on the individual’s income tax return. The proprietor is the manager of the business. The business can be transferred only if the owner allows it.

(2) Corporation – any entity formed by statue that has rights of a legal person along with limited liability for its shareholder owners.

Formal public filing is required to form a corporation. A corporation may use short-term financing or debt and equity financing. Limited liability for shareholders is one of the advantages of corporate organization. Corporations have the tax consequences of double taxation. Many shareholders may own a corporation but the board of directors controls the operations. Shareholders have the opportunity to express their views at the annual meeting by electing directors who represent their interests. A corporation can be dissolved voluntarily or involuntarily.

(3) Limited Liability Company – newer form of business organization in which liability is limited except for conduct that is illegal.

An LLC is formed by filing the articles of organization with a centralized state agency. Members of an LLC make capital contributions in much the same way as partners make capital contributions. Members of an LLC have limited liability; the most they can lose is their capital contributions. The LLC does not pay taxes; income and losses are passed through to the members to be reported on their individual returns. Members of an LLC adopt an operating agreement that specifies the voting rights, withdrawal rights and issues. A member’s LLC interest is personal property and is transferrable. Most LLC statues provide that the LLC dissolves upon the withdrawal, death, or expulsion of a member.

The definition of these business types is just the beginning of understanding how to fully utilize each structure. Because there are several types of businesses it is important to know the advantage and disadvantage of each. The type of business you organize will determine a lot about how you reduce liability, protect your assets and pay your taxes. Defining the business type for you is important in “Creating Your Own Lane” in business success.

Bridge Jewelry – Artisan Jewelry

Jewelry is more than an accessory; it can be a promise, a remembrance, a statement or a frivolous decoration. Fine jewelry, Bridge jewelry and Fashion Jewelry are all types of jewelry that allow you to have a variety of choices to add to your collection and create your look. The terms Bridge jewelry and Artisan jewelry are sometimes used as if they are synonymous. We will explore this assumption and discover that Bridge jewelry and Artisan jewelry can be the same thing, but are not always the same.

Fine jewelry uses at least 14 kt. Gold or other precious metals along with precious gems like diamonds, sapphires, rubies or emeralds. Fine jewelry can be mass-produced or artisan-made one-of-a-kind pieces or limited-edition. It can be found in fine jewelry stores or in galleries. It commands the highest prices and holds value very well.

Fashion jewelry can also be artisan-made or mass produced. Materials used in the designs are base metals, glass, plastic and other synthetics. This jewelry may also be made of shell, wood and other organic materials. Fashion jewelry is available in craft shows, department stores, discount stores, drug stores and even flea markets. Prices on Fashion jewelry tend to be the most affordable of all jewelry. Its value is in its usability and the addition to your wardrobe.

Bridge jewelry is called that because it is the bridge between Fine jewelry and Fashion jewelry. It may use vermeil, gold filled or silver as the metal and uses semi precious stones such as amethyst, citrine, turquoise, jade, topaz, fresh water pearls, garnet and others. Much Bridge jewelry is artisan-made, but it can also be mass produced. Bridge jewelry is often found in craft shows, galleries and art shows. Prices are in the mid range between Fine jewelry and Fashion jewelry. Depending on the artist and/or materials, this jewelry can be a good investment.

Of course other combinations are found in jewelry. Some designers use precious metals such as 14k gold with amethyst. These pieces are not so easily classified. Price points and materials are the most definitive difference between the categories. Fine jewelry as the most expensive and Fashion jewelry as an inexpensive alternative. Bridge jewelry falls between these two on price.

Bridge jewelry can be a unique and affordable addition to your collection. You may see some familiar names in galleries or fine department stores and begin to recognize them as producers of Bridge jewelry. When you attend an art show, take a special look and you will recognize that much of it is fine artisan-made Bridge jewelry. It can provide you a good value because of the combination of quality materials; creativity and workmanship provided by the designers of these unique one-of-a-kind or limited edition pieces.

Which Wood is Best For Outdoor Furniture – Teak Or Cedar?

If you are looking to landscape your backyard, reinvigorate your tired porch or patio, or even create a warm and welcoming living area out of that new deck, you may need some new furniture.  After all what good is having a great place to entertain if your guests don’t feel comfortable while they’re there?  When you need a few chairs to fill some space on the porch, or that plush, comfortable, deep seating sofa for the veranda, chances are that Teak or Cedar will be your best choice for this outdoor living furniture.  Which to choose will depend on a variety of factors however most importantly you will need to consider the look you are hoping to achieve, maintenance required, and the price you can expect to pay in order find the best fit. So read below and you’ll be lounging by your new poolside bar in a new sun lounger in no time at all!

The Look

One of the most important features of any new furniture is the appearance that it gives off.  Is your outdoor patio living space better suited for a rustic appeal or luxurious contemporary style?  Perhaps neither.  Maybe just a simple, yet warm, elegance speaks to you more.  But whether you’re looking to create a fun, relaxing environment with a pool side bar and some sun loungers or a simple conversational seating area you will have many choices with both Teak and Cedar.

Cedar usually has a very natural look, accenting your living area with soft red, light brown, and gray tones.  Lightweight and porous, cedar can easily accept a stain, sealer, or even paint, but most commonly is left in a raw finely sanded finish to preserve its natural look, feel, and smell.  Cedar is aromatic by nature which not only adds to the ambiance of a relaxing evening, but also helps preserve and protect the wood from insects and weather.

Teak is almost the polar opposite of cedar in terms of just about everything.  Teak is by nature a hardwood and as such, is more dense and heavy than cedar.  Grown exclusively in subtropical and tropical regions, and most commonly in the dense jungle of Indonesia and other Asian countries, teak is almost always imported and therefore is also more rare.  As a result of the exoticism associated with teak furniture it has achieved a perception of rarity and wealth and thus portrays a look of luxury and prestige.   Teak outdoor furniture is commonly purchased in one of two ways.  It can either be oiled, to achieve a darker “stained” look, or it can be left in its natural unfinished state where it will gracefully age and turn a soft patina gray color.  This color, unique to teak furniture, contributes to its exotic appeal.

Maintenance

Another very important factor to consider when deciding to purchase outdoor patio furniture is the level of maintenance that you wish to employ in living with your new furniture.  Luckily the maintenance factor, or lack of, is one of the main reasons that both teak wood and cedar wood are top choices of furniture manufacturers and consumers. 

Cedar, by nature is a very resilient wood whose properties help to resist weather of all climates but specifically heavily climates with heavy precipitation.  Snow, sleet, and rain are no concern for the long lasting properties of cedar, which will maintain its brilliance for many years.  This is one of the reasons why leaving cedar furniture in a sanded unfinished state is by far the most popular finish.  Like with many other woods though, some wish to finish their cedar furniture to achieve an altogether different look.  Several refinishing options are listed below in order of popularity.

  1. Stain - many prefer the finished look of a nice stain on their outdoor furniture.  The benefits of using a stain include being able to change the color of the furniture to virtually any color for which stain is available.  Stains are now offered in many shades through the dark to light color spectrum.  The stain may also provide a slight protection from the elements although with cedar it’s not really necessary and so mainly should just be used to alter the color.  The disadvantages of stain are that in order to maintain the original stained look, the stain needs to be reapplied every 2-3 years as the stain itself is not as resilient against the suns UV rays and weather elements as the wood is.
  2. Sealer – some prefer to “lock in” the natural look of their cedar furniture and so choose to use a high end sealer.  Sealers are made by many companies and are available at any hardware or big box store.  The sealer will prevent the cedar patio furniture from fading and will slow down the aging process.  Keep in mind though that this aging is often a desired affect of the cedar.  The downside to sealing the cedar furniture is consistent with the drawback to using a stain.  In order to maintain its effectiveness, it must be reapplied every 2-3 years which can be tedious and cumbersome.
  3. Paint – like any wood surface, cedar can be painted with a fine outdoor wood paint.  This is not as common as staining or sealing the furniture because paint will crack and chip, and also drastically alters the appearance of the furniture from its natural state.  Once the paint cracks and chips the entire painted surface must be completely sanded and repainted, sealed, or stained.

Teak is also a very weather resistant and ultra resilient wood due in part to its propensity to secrete a natural teak oil which helps to self condition it and protect against the harsh demands of a wet and/or humid climate.  Many shipbuilders choose teak as a main wood for the decks of their ships for this very reason.  Many sunken ships have been raised from the depths of the ocean only to show the teak beautifully preserved and in tact.  It’s this property that makes teak more commonly found in its natural unfinished state as there is no functional reason to apply any external finish to the surface.  Some customers however choose to apply additional amounts of this teak oil to achieve a darker more stained look.  While this will preserve the “new” look of the furniture it must be reapplied every 2-3 years to maintain this appearance and so can become burdensome.  Also by leaving the teak in its natural state, the often desired patina gray look is naturally achieved where it cannot be, if a teak oil or other finish is applied to the surface of the furniture.

Price

While price is often a concern for consumers, sometimes it is not such a factor for consumers of wood patio furniture.  As with everything else, price is a measure of perceived value.  The more valuable a product is perceived to be in the mind of the consumer, the more it will cost.  This reason alone is why both teak and cedar patio furniture are generally more expensive than other common outdoor furniture materials such as plastic, wicker, or rattan furniture.  Teak and cedar themselves have a price difference too though which can be quite significant depending on the individual furniture item.  Here’s why.

Cedar – because of its lightweight, proximity, ease to harvest and availability, cedar is the cheaper choice of the two wood furniture types.  While it will last a long time and is very durable, typically teak will last longer.

Teak – for all of the reasons opposite cedar, teak is the more valuable wood.  Simply not having the availability of cedar or other woods helps to create this elite, rare, sort of feeling that teak carries with it, which raises the price.  The purchase of teak furniture is often perceived as a sign of affluence or wealth because teak has a widely known reputation for commanding a higher price.  More expensive to harvest, more expensive to ship, and its long lasting appeal coupled with its novelty together contribute to its higher cost to produce which in turn creates a higher price for the consumer.

In summary, “better” or “best” can only be determined by the customer.  However taking appearance, maintenance, and price into consideration, teak and cedar can easily be compared and contrasted for similarities and differences.  Cedar, the more light weight, commonly used wood makes great patio furniture because of its ability to resist insects, rot, and weather elements (specifically rain, sleet, and snow) and also because it is relatively inexpensive to produce.  Teak, the hardwood of the two, is more exotic, rare, and will last longer.  Therefore, it commands a higher price, but also delivers a greater perceived value in terms of prestige, longevity, and maintenance free ownership experience.

How to Get Him to Care Again

When you've been with someone long enough, it's so easy to fall into the "we-are-too-comfortable" trap. It's simply inevitable. While there is nothing wrong with being comfortable with your partner, sometimes we forget that in order for a relationship to keep growing, we have to keep working hard. You start the relationship with passion, your man can not stand being away from you but now you're lucky if he does not forget your birthday or your anniversary. Everything seems to be too familiar. It's not that you do not love each other anymore; It's just that every relationship goes through this phase. Are there any ways on how to get him to care again?

You know that the honeymoon is over if you see him coming to bed in his super old unflattering boxers and you really do not care about taking a shower at night anymore. You do not find yourself making the effort to look good because you do not think it still matters to your partner how you present yourself. If you want your man to look at you the same way he did when you first started dating, you have to get out of your comfort zone. Do some things that he would not expect you to do. If you've never watched a basketball game together and he's been begging you to go to the games, book season tickets. This will make him very happy and he will certainly appreciate the gesture.

Take a trip down memory lane and figure out how your man fell in love with you. Do the same things you did when you first met him. Get him a token that will remind him of the first time you met or the first time you went out. It could have been a copy of the movie you saw or a box of the same chocolates he sent you when he was still pursuing you. You can also surprise him with an intimate dinner at your favorite restaurant when you first started dating. Be creative and romantic. If he cares about you, he would want to reciprocate. Thank him and tell him you appreciate everything he does for you. Acknowledge his efforts no matter how small they are.

If you want your boyfriend or husband to care for you again, make him feel that your feelings have not changed and you still love him the same way you did years ago, if not more. Show him that you are still the same woman he fell in love with, even better. Ask yourself what your partner loved most about you and maybe you can do something to remind him of that. Whether it's your sense of humor, sunny disposition or careful attitude that drawn him to you, it will not hurt if he gets to see these qualities again. Make your partner feel special by doing nice things for him. Leave some sweet notes in his car like "I can not wait to see you tonight" or "I'm the luckiest woman alive because I have you". Sometimes as simple as "I love you" will do the trick. Do not ever stop telling each other "I love you".

When it comes to how to get him to care again, you have to keep thinking of ways on how to keep the fire burning. No matter how busy you are, make it a point that you have an "alone time" together. Set aside time for him and have a date night every week. Do not take each other for granted and if possible, make your partner feel special every single day. Prepare a romantic dinner for two and cook all his favorite meals. Plan an exciting getaway that will allow you to try new things. Whatever it is that you have to do to entrust the magic, do it!