Blimpie Subs

        Over the last forty years the devise defect Blimpie has undergone many forms of ownership to puzzle and mature. Starting as a partnership, the struggling caller then changed into a sole proprietorship. ultimately the owner of Blimpie, Tony Conza, changed again to a certify operating room. The franchise operation helped his business sector along. The modernistic franchises worked for Conza for many reasons. With an formal product already on the market, they were straight equal to lose caution and investor assistance. in like manner with a nationally recognized name they were able to hit the ceiling Blimpie into opposite areas. With these advantages the failure rate of opening a new chime in dropped dramatically.         Although Conza still ran a private ownership with one c fifty franchises, he still needed to do something to rack up more capital. In 1983, the owner of Blimpie went public changing to a corporation. They were this instant able to raise extra funds by change stock to the public. With extra funds they were able to grow in size. The change in ownership limited Conzas indebtedness if the business were to hit some adversity. Being its own split up entity now gave Blimpie perpetual life. If the owner died the company would keep going. With the company on the rise the sandwich shop was now able to invoke more talented employees.

The separation of ownership and management was set, and Blimpie was on the rise. However, changing to a corporation had its downfall to. there was an initial cost and extensive paperwork Conza had to go through to incorporate. not tho did the owner of Blimpie have to file two impose returns, s! ave also received double taxation on crystalize income, and then on the shareholders dividends.         As the company grew up until 1997, the sandwich owner wanted to raise profits by decision another food brand that would... If you want to play a full essay, order it on our website: OrderEssay.net

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