Interviewing a Business Owner

Michelle Whitsitt January 4, 2009 Writing Assignment # 1: Interview a business Owner Due: January 7, 2009 For my interview I decided to pick the proprietor of the gild I work for. The causeers come to is J. Kent McNew and he is the owner of east Petroleum Corporation. The company is a petroleum distributor of gasconadeoline primarily through gas station outlets. Eastern Petroleum Corporation is a atomic number 101 participation and its corporate office is located in Annapolis, MD. Mr. McNew sells products in MD, VA, DC, and some in DE. The scope of the business is done in the Mid-Atlantic Region of the United States. Eastern Petroleum is an S-Chapter corporation, which promoter S Corporations do not pay any income taxes. Instead, the corporations income or losses are divided among and passed through to its shareholders. The shareholders moldiness then report the income or loss on their own individual income tax returns. Mr. Kent said that hes unceasingly had an entrepreneur spirit and it started way back when he was in grade school. He stated in his school each class had to sell garden seeds and he always change the most in his class, so that inspired him to go into business.

He worked for Hess Oil Company while attending the University of Richmond, realizing while interchange products to his customers he wanted to go into business for himself. So he started the company called Eastern Petroleum Corporation. To come up with the corporations name he sat crush with a legal pad and just wrote down contrary names that came to mind. He didnt want to name the company after himself because his father had a company called the McNew Brothers, and since he was base on the East coast he came up with Eastern Petroleum Corporation. Mr. McNew also came up with a company emblazon which is yellow, because he wanted everyone to see the gasoline trucks on the lane and he knew yellow would draw peoples attention. fleck talking with Mr. Kent he stated some of the advantages of being a corporation compared to... If you want to get a full essay, place it on our website: Orderessay

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