Bus 101 introduction to business The opportunities and difficulties of sole proprietorship, partnership and corporation. Sole Proprietorship is a business owned, and usually managed, by one person. It is the oldest form of business. Most of the business firms in the world are sole proprietorship. Our team visited ‘Ma Pharmacy’ and talked with the owner Gais Uddin Quader. Partnership is when two or more people legally agree to become co-owners of a business. Our team visited to ‘R. N. FASHION WEAR’ to meet Mohammad Anwarul Karim, co-owner of ‘R. N. FASHION WEAR’. He told us many aspects of Partnership business. Corporation is a legal entity with authority to act and have liability apart from its owners. Our team visited in PRAN-RFL group, we met COO (chief operating officer) of PRAN-RFL group. It is the biggest manufacturer corporation in Bangladesh.

1. The opportunities and difficulties of
sole proprietorship, partnership and corporation.

2. THE TEAM (CREATIVE-V)
Sanghamitra Das (1880)
Saaruf Salahuddin (1908)
Tahmeed Abdullah Huda (1910)
Masud Rana (1919)
K.A. Nurul Kader (1925)
Abbas Ali (1918)

3. THE BUSINESSES WE HAVE VISITED
Sole Proprietorship Corporation
Pran-Rfl Group
Partnership
R.N. FASHION WEAR
R.N. Fashion Wear
Ma Pharmacy

4. SOLE PROPRIETORSHIP (MA PHARMACY)
Sole Proprietorship is a business owned, and usually managed, by one
person. It is the oldest form of business. Most of the business firms in the world are
sole proprietorship. Our team visited ‘Ma Pharmacy’ and talked with the owner Gais
Uddin Quader.

5. OVERVIEW OF MA PHARMACY
Types: Sole Proprietorship
Pharmaceutical products
Location: 40, Dilkusha C/A Dhaka

6. Government Regulation
Lower Start-up Costs
No Division of Profit
Ease of Money Handling
1 2
3
4 5
No special tax
OPPORTUNITIES OF SOLE PROPRIETORSHIP

7. Limited Life Expectancy
Limited Ability to Raise Capital
Limited Expertise and Growth
Potential
1 2
3 4
Unlimited Personal Liability
DIFICULITIES OF SOLE PROPRIETORSHIP

8. PARTNERSHIP (R.N. FASHION WEAR)
Partnershipis when two or more people legally agree to become co-owners of
a business. Our team visited to ‘R. N. FASHION WEAR’ to meet Mohammad Anwarul
Karim, co-owner of ‘R. N. FASHION WEAR’. He told us many aspects of Partnership
business.

9. OVERVIEW OF R.N. FASHION WEAR
Types: Partnership
Shop of luxurious & wide collection of
fabulous fashion cloth
Location: Shyamoli Squre, Mirpur Rd, Dhaka

10. Decision Making
Flexibility
Shared Responsibility
1 2
3 4
Capital
OPPORTUNITIES OF PARTNERSHIP

11. Difficult to Terminate
Unlimited Liabilities
Decision Making
Profit Sharing
1 2
3
4 5
Disagreements
DIFICULITIES OF PARTNERSHIP

12. CORPORATION (PRAN-RFL GROUP)
Corporationis a legal entity with authority to act and have liability apart from
its owners. Our team visited in PRAN-RFL group, we met COO (chief operating
officer) of PRAN-RFL group. It is the biggest manufacturer corporation in
Bangladesh.

13. OVERVIEW OF PRAN-RFL GROUP
Types: Corporation
Food, beverage and plastic product, electronics products
Head Office: Pran-RFL Center 105 Middle Badda, Dhaka

14. Raise More Money
Perpetual life
Limited liabilities
Ease of ownership change
1 2
3
4 5
Reliability
OPPORTUNITIES OF CORPORATION

15. Difficult to Terminate
Observed by government
Decision Making
Extensive Establishing Cost
1 2
3
4 5
Double taxation
DIFICULITIES OF CORPORATION

16. THANK YOU!