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duster Water Rafting Site testimonial Christopher Davis, Liquita James, and Susan Williams ACC/543 August 13, 2012 Linda Miller White Water Rafting Site Recommendation White water rafting is a in the altogether sport that has gained popularity in recent years. Be get along of this popularity the tweed water rafting occupation has expanded. Our leaf node is interested in opening a white water rafting business. The lymph gland has iii states in which they are interested in aluminium, atomic number 31, and Virginia.The client has pass that the accounting firm research to see which positioning would be trounce for their new rafting business. Research must be done of the legal ramifications of solid seat, personal property, business insurance and environmental issues and regulations for each reparation in order to forge the post recommendation. Real spot and Personal Property Real Property is the land itself and any building, trees, soil, minerals, timbers, plants, and other things permanently attach to the land.Land and buildings are purchased and the owner may use, enjoy, and develop the property as he or she sees fit, subject to any applicable g everywherenment regulation. Buildings that are constructed on the property are also substantial property. Personal property is certain property such as equipment, vehicles, furniture, and jewelry, as well as intangible property such as securities, patents, trademarks, and copyrights. Determining if a quick main stead fuel be used for the tallyice on the new location is important to the client.Therefore we would need to know in each location if the supple home is considered real property or personal property. In Toccoa tabun real property fuel be purchased for around $150,000 for 2. 2 country on the Toccoa River. Placing a mobile home on this land for the office would be considered real property in Georgia as languish as the mobile home is titled to the similar party that owns the land. Th e mobile home must be tied down and blocked in to be considered for commercial use.In Cahaba River City Mountain Brook, Alabama the tax assessing ordained makes the differentiation between real property and personal property by considering the manner in which property is attached to or secured at the location and the purpose for which the property is used. nonphysical personal property includes an owners representation of rights to property such as shares of stock, annuities, patents, market certificates, etc. Intangible personal property owned by businesses is not taxable beneath the property tax laws of this state.Business personal property is considered Class II property and is taxed at 20% of market value. Market value multiplied by twenty percent equals the assessment value, which is then multiplied by the confiscate jurisdictions millage rates to determine the amount of tax due. The asseverate of Alabama publishes a personal property estimate manual so that basic methods and procedures can be fol deplorableed in the personal property appraisal process (Personal Property, 2012). Land in Birmingham, Alabama is about around 45,000 an acre.Rappahannock River in Fredericksburg Virginia is a combination of rural and urban life. The river is set off a major(ip) highwayleading north and south closely of the bailiwick. Its it also located betweenthe capital Washington, D. C. and the capital of the state, Richmond. Its a long area for relaxing and family witha country feel. There are major tourists sites such aswar battlefields,art galleries and warhorse shops. The mobile home issue as an office would be considered real property in Virginia.Once the home or office t is off the truck and secured on the ground it is considered real property. Lots run from $120,000 up to $700,000. 00 Business Insurance It is also important that we research what each site location business insurance requirements are. Business Insurance will harbor our client and their pr operty from damages and any unforeseeable circumstances. For Georgia the fol freeze offs insurances are required for a white water rafting business in Toccoa vehicle insurance, floater policy, on water indebtedness, and workmens compensation.Vehicle insurance for the buses, vans and cars, with low superior rates are base on the seasonal genius of your business, with limits up to $5,000,000, plus bodily Damage coverage MVR and driver plectrum program assistance, prompt yield of ID cards and Certificates. Floater Policy for your rafting and canoeing equipment policies brook physical damage bulwark for your river equipment Fire, theft, vandalism, collision, and much more are cover Low rates make this an important part of your insurance tribute program Office computers and equipment can be included.On Water Liability is nonrecreational indebtedness insurance consulting for whitewater rafting, canoe atrabilious industries and exterior adventure companies. New, lower minima l premiums for the smaller outfitter, along with a liability waiver designed for you Limits up to $5,000,000. . Finally Workers Compensation Offered in most states Competitive rates. CBIZ offers professional liability insurance consulting for whitewater rafting, canoe livery industries and outdoor(a) adventure companies.CBIZ is the Preferred Agent for the Paddle sports Industry Association. They offer liability coverage through quaternity programs K&K, Tudor Insurance (Sattler), the AO endorsed commodious Outdoors Program (Gillingham) and Philadelphia Insurance. Additionally, they offer commercial auto through four programs in most states. With full-service professional liability insurance consulting for whitewater rafting, canoe livery industries and outdoor adventure companies from CBIZ, youre protected while your customers enjoy their outdoor activities 1.Vehicle Insurance Stable markets for buses, vans, cars, and trucks Low premium rates are based on the seasonal nature of your business Limits up to $5,000,000, plus Physical Damage coverage MVR and driver selection program assistance, prompt issuance of ID cards and Certificates. 2. Floater Policy for your rafting and canoeing equipment These policies provide physical damage protection for your river equipment Fire, theft, vandalism, collision, and much more are covered Low rates make this an important part of your insurance protection program Office computers and equipment can be included. . On Water Liability Get professional liability insurance consulting for whitewater rafting, canoe livery industries and outdoor adventure companies. New, lower minimum premiums for the smaller outfitter, along with a liability waiver designed for you Limits up to $5,000,000. 4. You also need Workers Compensation (Whitewater Rafting, 2012). For Virginia liability insurance is required for rafting. Virginia requires that heed must confirm at least three years perplexity experience for acquire an insurance policy .There must be a widely distributed liability minimum premium $2,500 for mountaineering experience and ropes courses General liability minimum premium $10,000 for equine exposures General liability minimum premium $2,000 for water activities. As with Alabama CBIZ offers the most affordable insurance for the area and offers the same vehicle, floater, water liability and workmans comp insurance. environmental Issues and Regulations environmental issues and regulations are important when deciding upon a site for our clients business.These issues and regulations can cause a major problem for our client. At the Toccoa Georgia site the environmental issues that are of concern are that the rivers are being polluted by businesses in the area. Polluters can dump garbage into streams, developers can pave over wetlands to build strip malls, and the cops on the environmental beat cant do a thing about it I n April, the Environmental Protection Agency took the first major step in decades to p rotect Georgias rivers by setting new guidelines to prevent contamination from flowing into our waters. Protect Our Rivers, 2012) Fourteen Alabama environmental groups have formally filed a petition with Environmental Protection Agency (EPA) to withdraw Alabamas part over the water pollution-permitting program because it does not meet the minimum requirements of the dandy Water Act (Clean Water Network, 2012). There are no ongoing environmental issues or regulations for Rappahannock River in Fredericksburg Virginia. Site Recommendation The site recommended for our client is the Alabama site.The insurance requirement is about the same for all three states. Therefore we need to look at the real property and environment to make our decision. The mobile home issue is that it can be used for commercial use in all three of the locations. The mobile home would be considered real property because it will be attached to the location. Land in Alabama is cheaper so that makes it a let on i nvestment. Finally the environmental issues are about the same with those states having issues with polluted rivers. Alabama like other states is actively pursuing this issue.In conclusion, our client is trying to solve where would be the best location to open a new white water rafting business. First we found three ideal locations for the new business. past after much research we looked at whether or not they could have a mobile home as an office and if this was real or personal property. Other issue that we looked into was the business insurance and environmental issues. This helped us to decide that the best location for our new white water rafting business was Cahaba River City Mountain Brook, AL. References Clean Water Network (2012).Retrieved from http//www. cleanwaternetwork. org/news-events/news/clean-water-network-groups-call-epa-take-away-alabamas-authority-over-water-permitt Georgia. (2012). Retrieved from http//www. statues. Laws. com Georgia business license. (2012). Retrieved from http//www. ehow. com Personal Property (2012). Retrieved from http//www. ador. state. al. us/advalorem/sections/personalproperty. htm Protect our Rivers. (2012). Retrieved from http//www. environmentgeorgia. org Whitewater Rafting (2012). Retrieved from http//www. cbiz. com/page. asp? pelvic inflammatory disease=6384