Bus105 the Business Environment

BUS105 The Business Environment

JeVauhn Wright

BUS105-0903b-06, IP-1

Abstract

In this paper you are going to know a little about myself and my educational and Career plans. I briefly discuss 3 different legal business entities. Sole proprietorships, partnerships, or corporation, and the ways they are they are the same and different from each other. Lastly I talk about one legal entity and discuss the advantages and disadvantages of this form of business organization.

Hello my name is JeVauhn Wright. I just turned 27 and still have no Idea what I really want to do with myself. I ask myself everyday what I want to do with my life. I could never really narrow it down. Growing up I've always been a free spirit. I've never had the same job for too long. I always looked at it as learning something new about myself. I've always had a love for music though. My last employer was Radio One and that may have been the only job I held longer than a year. I actually learned a lot about myself and the music business through radio.

When I got laid off I seems like I can see things a little clearer. I've never really had the time and focus to go back to school till now. I‘ve had a lot of life experiences that has showed me who I am as a person. But I wanted to one day obtain my degree and tell myself that this is something else I have accomplished in my life. I still like dealing with music and I do different events at a plethora of venues in the DC area. That's part of the reason why I'm in school, so I can get a better view of business.

It's like I have an eye for business but I really don't understand it at times. I have some Idea's of things I would like to do in the future, maybe even have my own radio station one day. I actually work for a ready-mix concrete company which is the only black owned ready mix concrete company in the entire county. With the stipulations Obama put in the Stimulus Package, as a minority business we are guaranteed 30% of whatever work goes on around the country. So that means that If we put a plant in each state regardless of what work goes on we are guaranteed 30% of the work in that state. I don't have a love for this business