Microsoft Word peachtree case study
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- 4.3 Company Operations
| 4.2 Prior Transactions There have been no prior transactions in the Company’s stock reported to the valuator nor was the valuator able to find any information relating to such transactions. Reginald Jones will stipulates that another family member is to be given the first right to buy or refuse to buy shares as he wished this business to remain in the family as long as practical. 4.3 Company Operations The Company is located at 5529 Red Bluff Blvd, Atlanta, Georgia and occupies both floors (approximately 5,400 square feet) of a two‐story building. The property is owned by the Jones Family Limited Partnership and is leased back to the Company. The upper floor consists of offices with some inventory storage. The first floor has shops, work areas, garaging, and inventory. The company does Page 55 of 141 not have a large amount of walk in traffic but there is outdoor parking to accommodate the employees and customers. The Company has regularly passed all required inspections conducted by the national as well as state affiliated environmental protection agencies. The Company employs 51 people. The employee turnover rate is very low by industry standards, which implies a high degree of employee satisfaction, a relative constant level of construction work, and low employee costs. The Company's production workers have excellent skills and are paid accordingly. There is an adequate supply of labor in the area when occasional help is needed and the compensation for these individuals is average for the area. The Company operates as a union shop. Of the 51 employees, 15 are permanent staff and about 36 are construction staff supervised by foremen. Due to the seasonality of new construction work, the Company hires more subcontractors and laborers during the summer and fall. The hours of operation are 7:00 am. to 5:00 pm, Monday through Friday. The management team is as follows Download 0.84 Mb. Share with your friends:
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