It will also ensure that it has a well established disposal system that will

It will also ensure that it has a well established

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concentrates in making its products. It will also ensure that it has a well-established disposal system that will not contaminate the environment. k. Other Personal/Management Goals The company intends to diversify its products and making various brands. This will make sure that it has widened the scope of its consumers. The company also wants to maximize on its opportunity of extending its market reach to various localities in the district. This will ensure that its products have been accessed by various consumers from different regions. 3. Developments to Date The company has managed to establish an efficient distribution channel of its products within the locality. This has been achieved through close partnerships with suppliers such as restaurants, groceries, convenience stores among others in executing localized distribution strategies. This has promoted brand awareness in the neighborhood making the brand the consumer’s favorite. 4. Legal Status and Ownership The Fresher Soda Company is a Limited Liability Corporation in South Trenton, New Jersey. Richard Donovan owns 51% of the company whereas minority stakeholders include Keith Adams and Jimmy Jones. The Limited Liability Companies offer limited liability protection to their owners who are characteristically not personally accountable for the debts and liabilities of the firm. At the business level, Limited Liability companies do not pay debt. Through forming a Limited Liability Company, a business may create credibility with prospective clients, employees and stakeholders as a result of making a formal obligation to the business. The Fresher Soda Company will make use of the International Financial Reporting Standards
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SUCCESSFUL BUSINESS: NON-ALCOHOLIC BEVERAGE COMPANY 7 accounting technique for its business. Hence, the entity will ensure that it has captured the economics of a transaction. References Abrams, R. (2003). The Successful Business Plan: Secrets & Strategies. The Planning Shop.
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SUCCESSFUL BUSINESS: NON-ALCOHOLIC BEVERAGE COMPANY 8 Gumpert, D. E. (2003). Create a Successful Business Plan. Lauson Publishing Company. Lee, J. (2011). The Right-Brain Business Plan: A Creative, Visual Map for Success. New World Library. Shelton, H. (2014). The Secrets to Writing a Successful Business Plan: A Pro Shares a Step-By- step Guide to Creating a Plan That Gets Results. Summit Valley Press. Stutely, R. (2002). The Definitive Business Plan: The Fast-track to Intelligent Business Planning for Executives and Entrepreneurs. FT Press.
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  • Spring '16
  • professor Ogudo
  • Corporation, Limited Liability Company, Carbonated water, Beverage Company, Non-Alcoholic Beverage company, The Fresher Soda Company

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