Company Law Report: Analysis of Company Law Principles and Cafe Finix

This report provides an analysis of company law principles, with a specific focus on the case of Cafe Finix and its operations within the context of a Small Business Enterprise (SBE). The report discusses the legal framework, including the doctrine of ultra vires, and the importance of a prospectus. It examines strengths and weaknesses of the business, and suggests ways to improve performance, including maintaining product quality, expanding the product range, and fostering effective teamwork. A reflective journal entry highlights the benefits of communication and management skills and emphasizes the role of directors in company law. The report concludes by emphasizing the significance of company law in establishing and managing a business, as well as the importance of legal personality and proper business practices. Relevant academic references are also provided.

COMPANY LAW

INTRODUCTION
Company law is the legal term which applies on
organization ta the time of incorporation, running and
winding up. In which discussed about Cafe Finix which
is able to attract large number of customers. Small
Business Enterprise has been discussed under this
report.

Strengths and weaknesses of SBE

Actions to overcome identified weaknesses
Following are several steps which have to be use by Cafe Finix in
order to deal with weaknesses of their business:
•Provide and maintain appropriate quality of goods and services to ultimate
users.
•Increase number of products so that maximisation of profit could be done.
•Motivate each and every employee so that effective team could be framed.

Ways to maintain and strengthen existing
performance
A major thing which every organisation has to done is to maintain existing
business performance which emerged in keeping an entity on track. Thus, for gain
strength towards a business corporation, management have to analyse all things
properly and identify the ways as well which facilitate in managing work effectively.
Cafe Finix have to analyse such relation and take proper actions which enable them
in maintain existing business performance:
•Increase number of products so that more and more customer could attract.
•Increase number of stores as well which support to maintain performance
•Maintain proper team working which facilitate in effective management
•Maintain existing quality of products which support in increase number of
customers which is another major consent.

Cont.…

Doctrine of ultra vires and its effect
Every organisation provides some power to their authority and board
of directors which have to utilise them in an appropriate manner. Thus,
management has to understand this fact and maintain decorum as well.
Doctrine of ultra vires means beyond the power. Therefore, if management
goes beyond the powers, strict actions have to be taken against them.

Contents of a prospectus and listing
particulars
Following are the points which should considered by Cafe Finix
while preparing their prospectus. This will enable their shareholders to analyse
that whether working of an organisation is according to law or not. These are
the key points which are included under prospectus of a company which are
given as below:

TASK 2(b) - Reflective journal
While preparing present report it was enhanced by
communication and management skills which are useful for long
term learning. During identify powers and responsibilities of
directors I can easily maintain my performance and receive so
much knowledge about the same. Through this I can realise that
company its own position in market to conduct transaction.

CONCLUSION
Company Law is the legal term which consists various rules and
policies related to establishment and winding up of firm.
Directors are play significant role in development of company.
Every firm having its own legal personality and name which is
useful for them to conduct business transactions and maintain
performance in international market.

REFERENCES
Armour, J. and Ringe, W. G., 2013. European company Law 1999-2010:
renaissance and crisis. Law Ukr.: Legal J. p.144.
Braun, R. and et.al., 2013. Does charter competition foster entrepreneurship?
A difference‐in‐difference approach to European company law reforms.
JCMS: Journal of Common Market Studies. 51(3). pp.399-415.
Gu, M., 2010. Understanding Chinese company law (Vol. 2). Hong Kong
University Press.
Kershaw, D., 2012. Company law in context: Text and materials. Oxford
University Press.

THANK YOU!!