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PARTNERSHIP
TYPES of
BUSINESS

Group B:
Anisa Nur Amalia
Azaria Yasmine
Novita Rosanti
IDENTIFICATION
Partnership types is an
unincorporated
business that is owned
by two or more peoples
(the partners).
A partnership can
normally have up to
twenty partners.
The Advantages of
PARTNERSHIP
[
 The owners are self-employed
 Owners have full controls over
business and profits
 Few legal formalities
The Disadvantages of

PARTNERSHIP
 U i m t ed l i abi l i t y f or each of t he
n-l i
ow
ner
 The par t ner have f ul l r esponsi bi l i t y
f or al l aspect s of t he busi ness
 D sagr eem s bet w
i
ent
een par t ner s m
ay
cause di f f i cul t i es w t h t he busi ness
i
 The busi ness m not sur vi ve t he l ost
ay
of t he one par t ner
Sources of Capital for the
PARTNERSHIP
 Personal contributions of partners.
 Funds from financial institutions (usually as
loans and overdrafts).
 Trade credit.
 Retained earnings/Ploughed back profits – These
are profits of the business which are kept back
that can be put into the business where the need
arises. These profits are important sources of
capital because they help the business to reduce
its dependence on sources of capital outside the
business.
 Contributions by newly admitted partners – Like
every other partner, partners who newly join the
partnership also make their contributions to the
business
"Partnership Types of Business" - Business Studies XI IPS

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"Partnership Types of Business" - Business Studies XI IPS

  • 1. PARTNERSHIP TYPES of BUSINESS Group B: Anisa Nur Amalia Azaria Yasmine Novita Rosanti
  • 2. IDENTIFICATION Partnership types is an unincorporated business that is owned by two or more peoples (the partners). A partnership can normally have up to twenty partners.
  • 3. The Advantages of PARTNERSHIP [  The owners are self-employed  Owners have full controls over business and profits  Few legal formalities
  • 4. The Disadvantages of PARTNERSHIP  U i m t ed l i abi l i t y f or each of t he n-l i ow ner  The par t ner have f ul l r esponsi bi l i t y f or al l aspect s of t he busi ness  D sagr eem s bet w i ent een par t ner s m ay cause di f f i cul t i es w t h t he busi ness i  The busi ness m not sur vi ve t he l ost ay of t he one par t ner
  • 5. Sources of Capital for the PARTNERSHIP  Personal contributions of partners.  Funds from financial institutions (usually as loans and overdrafts).  Trade credit.  Retained earnings/Ploughed back profits – These are profits of the business which are kept back that can be put into the business where the need arises. These profits are important sources of capital because they help the business to reduce its dependence on sources of capital outside the business.  Contributions by newly admitted partners – Like every other partner, partners who newly join the partnership also make their contributions to the business