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Rumor is there being bought out by tirekingdom

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βˆ™ 13y ago
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Q: Is Midas Muffler closing operations down?
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Are all the JCPenney stores closing down?

no i dont think they r.


Where can one purchase used home office supplies?

Used home office supplies can be purchased from a variety of places. Try seeking out online classifieds such as Craigslist or Kijiji. You can also try closing down offices or schools which have received newer supplies.


What happens if the property Title Insurance Co goes out of business?

A Title Company (the actual insurancer as in First American, Chicago, etc.) is regulated by a state's Department of Insurance. If the company dissolved, then they would have to follow the state's guidelines for closing. This is why a title company has to prove so much in reserves, liquidity, etc. to a state to even do business in a state. Typically, title companies are sold or bought out before they would ever go out of business. A Title Agency (the local agent who has an agency agreement with a title Company) must keep separate accounts for escrows/trust accounts. Ideally, if an agency closed its doors, all accounts would be reconciled and it could shut down with all Policies issued. If an agency shuts down and does not have the above issued addressed at the time of closing, the title company will complete the same, issue the Policies, etc. of the Agent/Agency or they may assign the same to another one of their Agents to be completed. Since ultimately it is the title company that is responsible for the issuance of the insurance, it is their responsibility to make sure that all policies sold by the agent are properly issued.


Why is products and completed operations liability relevant?

Depending on your business, this provides coverage for the work performed once it has been completed. For example, a mason who builds a wall, which soon after falls down due to faulty workmanship would be covered under this category. Any damage or injury caused because of this would be protected here. This, however, is NOT a warranty, meaning it does not cover the wall; just the damage or injury caused because of it falling on other people or other property.


What are the factors to consider when choosing the form of business ownership?

1) Dave Nelson recently retired at age of 48. 2) His courtesy: Ø Very healthy stock market Ø Numerous stock options Ø Has granted while president in e-shops.com 3) He moved to Montana to follow his dream. Ø Living in mountains and big sky. 4) After relocating Ø He is always an entrepreneur, began sporting good store. 5) His single store grew into chain (with outlets) 6) He can't believe how fast he expanded (uncontrolled growth) 7) Chain did have share of problems Ø Store traffic (somewhat seasonal) Ø Slow down occurring as winter approach 8) Nelson added ski equipment and accessories to his product line 9) The need to finance required inventories Ø Seemed to be bulging, left cash balance at very low level Ø Occasionally giving rise to short-term bank loans. 10) Nelson's operation focus on canoe building and white water rafting trips. 11) Company's financial accounting system report. Ø Indicate that his operations where losing money because of increasing costs Ø Traditional income statement is not too useful in assessing the problem 12) Nelson noted: Ø " My gut feeling is that we are not dealing with the best suppliers in terms of quality of goods, delivery reliability, and prices. 13) Another complications Ø Caused by an increasingly competitive market place with many former customers now buying merchandise and booking river excursions via the internet, through catalogs received in mail or business that advertised heavily in outdoor magazines. Ø Nelson's background is marketing, but he appeared somewhat puzzled on how to proceed. Ø CFO is an obvious asset in terms of addressing the problems. Ø She knew her numbers but lacked key knowledge of general business operations. Ø Lacking big picture outlooks for the firm. Ø Store traffic somewhat seasonal Ø Slow down occurring as winter approach Ø Operations are loosing money because of increase in cost Ø Increasingly competitive market place with many former customers now buying merchandise and booking river excursions via the Internet, through catalogs received in mail or business that advertised heavily in outdoor magazines. III- Central problem Ø Increasingly competitive market place due to high technology in in business or the use of internet in business transactions or operations. Ø Loosing money in Nelson's business operations = IV- Areas of consideration = Ø Heavy competition from every competitor Ø Nelson cannot easily adjust to sudden change in his business operations,( the use of high technology) Ø Cost and expenses for new equipment and machineries Ø No assurance if the turn over of new business will be successful. Ø Nelson needs to expand his expertise and knowledge in business operations Ø Join the CFO and other executives in resolving the problem Ø Adopt high technology in business operations. Ø Develop new strategies. Ø Increase his level of competitiveness. = VI- Recommendation = Ø Adopt high technology in business and expand his knowledge and expertise in business operations. = VII- Next step = you follow!