SlideShare a Scribd company logo
Types of ownership

1.Single-editor Ownership
2.Multiple-editor Ownership
The
Organizational
   Vehicle
Organizational vehicle’S


   ADVANTAGE AND DISADVANTAGE
1. Sole Proprietorship
2.Partnership
3.Corporation
Advantages                   Disadvantages
• Easily established           • Owner must bear all
• No partners or
         A                     costs of set-up and
shareholders                   maintenance
• Only pay taxes on            •No others to share
income generated               burden or add expertise
• All after tax profit stays   • Unlimited liability for
with the owner                 debts
• Minimal government           •Unlimited liability for
regulation                     malpractice
Advantages              Disadvantages

• Easily established     • Unlimited liability of
• Pooled expertise       personal partner
• Pooled resources       •Lack of Continuity
• Flexibility            • Potential for persona
•Business Income taxed   and authority conflict
as individual income     • Unlimited liability for
• Minimal government     malpractice
regulation               • Must share profits with
                         partner
Advantages                  Disadvantages
• Limited liability of        • Cost and time involved in
stockholders                  corporation process
• Ability to attract larger   •Subject to corporate
amounts of capital            taxes
• Distinct legal entity       • potential for managerial
• Larger pool of skills,      potential incentives
talents and knowledge         • potential loss control of
• Ease of transfer of         founder(s) of the corp.
ownership                     • other costs, registrations,
                              seals, etc.
                              • taxed twice
Sole
proprietorship
- Or single proprietorship is a form of
business   organization,     initiated   ,
organized, owned or capitalized and
managed by a single person
- Entrepreneur is the capitalist, the
manager, administrator, and in the
beginning of the business, he practically
does everything for the business
partnership
- Is an association of two or more
business partners who co-own a
business for the purpose of making a
profit. The co-owners (partners) share
the assets, liabilities, and profits of the
business according to the terms of the
partnership agreement.
Types of Partners
• General Partner
• Limited Partner
• Silent Partners
• Dominant Partners
• Capitalist Partner
• Industrial Management
• Managing Partner
• Secret Partner
• Nominal Partner or partner by estoppels
• Liquidating Partners
terima kasih!!!
      

More Related Content

What's hot

Legal forms of business ownership om
Legal forms of business ownership   omLegal forms of business ownership   om
Legal forms of business ownership om
ArgentinaMorata
 
Legal forms of business organization
Legal forms of business organizationLegal forms of business organization
Legal forms of business organizationMd kawsar
 
Pros and Cons of Popular Forms of Business
Pros and Cons of Popular Forms of BusinessPros and Cons of Popular Forms of Business
Pros and Cons of Popular Forms of Business
Samantha McNair
 
PATTERNS OF BUSINESS OWNERSHIP
PATTERNS OF BUSINESS OWNERSHIPPATTERNS OF BUSINESS OWNERSHIP
PATTERNS OF BUSINESS OWNERSHIP
Jhenq Campo
 
Module3 forms of-business-organization
Module3 forms of-business-organizationModule3 forms of-business-organization
Module3 forms of-business-organization
Moxing
 
Sole Proprietorship
Sole ProprietorshipSole Proprietorship
Sole Proprietorship
Mamunur Rashid
 
Epf2d forms of business
Epf2d forms of businessEpf2d forms of business
Epf2d forms of businessmaynardteacher
 
legal forms of ownership
legal forms of ownershiplegal forms of ownership
legal forms of ownership
university of johannesburg
 
Legal Business Structures 101
Legal Business Structures 101Legal Business Structures 101
Legal Business Structures 101
Ambrose Moses, III
 
Econ Ch8 Businesses
Econ Ch8 BusinessesEcon Ch8 Businesses
Econ Ch8 BusinessesDan Hess
 
WBS Entrepreneurship Mentoring Workshop -28 July 2011 - Steve Janes
WBS Entrepreneurship Mentoring Workshop -28 July 2011 - Steve JanesWBS Entrepreneurship Mentoring Workshop -28 July 2011 - Steve Janes
WBS Entrepreneurship Mentoring Workshop -28 July 2011 - Steve Janes
Warwick Business School
 
Forms of Business Organizations
Forms of Business OrganizationsForms of Business Organizations
Forms of Business Organizations
Casey Robertson
 
sole proprietorship and partnership
sole proprietorship and partnershipsole proprietorship and partnership
sole proprietorship and partnership
spookynuts
 
Business Organizations
Business OrganizationsBusiness Organizations
Business Organizations
eben_cooke
 
Cleantech - Solving Legal Challenges of Finnish Cleantech-sector Companies Gr...
Cleantech - Solving Legal Challenges of Finnish Cleantech-sector Companies Gr...Cleantech - Solving Legal Challenges of Finnish Cleantech-sector Companies Gr...
Cleantech - Solving Legal Challenges of Finnish Cleantech-sector Companies Gr...
Jan Lindberg
 
Comparison Small, Medium & Large Companies
Comparison Small, Medium & Large CompaniesComparison Small, Medium & Large Companies
Comparison Small, Medium & Large Companies
Ram Iyer
 

What's hot (20)

Legal forms of business ownership om
Legal forms of business ownership   omLegal forms of business ownership   om
Legal forms of business ownership om
 
Legal forms of business organization
Legal forms of business organizationLegal forms of business organization
Legal forms of business organization
 
Business Forms
Business FormsBusiness Forms
Business Forms
 
Pros and Cons of Popular Forms of Business
Pros and Cons of Popular Forms of BusinessPros and Cons of Popular Forms of Business
Pros and Cons of Popular Forms of Business
 
PATTERNS OF BUSINESS OWNERSHIP
PATTERNS OF BUSINESS OWNERSHIPPATTERNS OF BUSINESS OWNERSHIP
PATTERNS OF BUSINESS OWNERSHIP
 
Module3 forms of-business-organization
Module3 forms of-business-organizationModule3 forms of-business-organization
Module3 forms of-business-organization
 
SME Chapter 3
SME Chapter 3SME Chapter 3
SME Chapter 3
 
Sole Proprietorship
Sole ProprietorshipSole Proprietorship
Sole Proprietorship
 
Epf2d forms of business
Epf2d forms of businessEpf2d forms of business
Epf2d forms of business
 
Chapter 5
Chapter 5Chapter 5
Chapter 5
 
legal forms of ownership
legal forms of ownershiplegal forms of ownership
legal forms of ownership
 
Legal Business Structures 101
Legal Business Structures 101Legal Business Structures 101
Legal Business Structures 101
 
Econ Ch8 Businesses
Econ Ch8 BusinessesEcon Ch8 Businesses
Econ Ch8 Businesses
 
Chapter 5
Chapter 5Chapter 5
Chapter 5
 
WBS Entrepreneurship Mentoring Workshop -28 July 2011 - Steve Janes
WBS Entrepreneurship Mentoring Workshop -28 July 2011 - Steve JanesWBS Entrepreneurship Mentoring Workshop -28 July 2011 - Steve Janes
WBS Entrepreneurship Mentoring Workshop -28 July 2011 - Steve Janes
 
Forms of Business Organizations
Forms of Business OrganizationsForms of Business Organizations
Forms of Business Organizations
 
sole proprietorship and partnership
sole proprietorship and partnershipsole proprietorship and partnership
sole proprietorship and partnership
 
Business Organizations
Business OrganizationsBusiness Organizations
Business Organizations
 
Cleantech - Solving Legal Challenges of Finnish Cleantech-sector Companies Gr...
Cleantech - Solving Legal Challenges of Finnish Cleantech-sector Companies Gr...Cleantech - Solving Legal Challenges of Finnish Cleantech-sector Companies Gr...
Cleantech - Solving Legal Challenges of Finnish Cleantech-sector Companies Gr...
 
Comparison Small, Medium & Large Companies
Comparison Small, Medium & Large CompaniesComparison Small, Medium & Large Companies
Comparison Small, Medium & Large Companies
 

Viewers also liked

735e23bbe61f16d3b136bc2f1d2672f0.pptx
735e23bbe61f16d3b136bc2f1d2672f0.pptx735e23bbe61f16d3b136bc2f1d2672f0.pptx
735e23bbe61f16d3b136bc2f1d2672f0.pptxAccion
 
Ownership and Organization
Ownership and OrganizationOwnership and Organization
Ownership and Organizationaizellbernal
 
Ownership and organization
Ownership and organizationOwnership and organization
Ownership and organization
Aizell Bernal
 
3.3 Types of Business Ownership 1
3.3 Types of Business Ownership 13.3 Types of Business Ownership 1
3.3 Types of Business Ownership 1
jeaniefornes
 
Financial Key Performance Indicators
Financial Key Performance IndicatorsFinancial Key Performance Indicators
Financial Key Performance Indicators
Theju Paul
 
Capital structure
Capital structureCapital structure
Capital structure
Home
 
Sole Proprietorships
Sole ProprietorshipsSole Proprietorships
Sole Proprietorships
Brian Coil
 
Example of Company background
Example of Company backgroundExample of Company background
Example of Company background
fazzuan
 

Viewers also liked (12)

Sole propritorship
Sole propritorshipSole propritorship
Sole propritorship
 
735e23bbe61f16d3b136bc2f1d2672f0.pptx
735e23bbe61f16d3b136bc2f1d2672f0.pptx735e23bbe61f16d3b136bc2f1d2672f0.pptx
735e23bbe61f16d3b136bc2f1d2672f0.pptx
 
Ownership and Organization
Ownership and OrganizationOwnership and Organization
Ownership and Organization
 
Ownership and organization
Ownership and organizationOwnership and organization
Ownership and organization
 
3.3 Types of Business Ownership 1
3.3 Types of Business Ownership 13.3 Types of Business Ownership 1
3.3 Types of Business Ownership 1
 
Financial Key Performance Indicators
Financial Key Performance IndicatorsFinancial Key Performance Indicators
Financial Key Performance Indicators
 
Types of capital
Types of capitalTypes of capital
Types of capital
 
Capital structure
Capital structureCapital structure
Capital structure
 
Sole Proprietorships
Sole ProprietorshipsSole Proprietorships
Sole Proprietorships
 
Share and share capital
Share and share capitalShare and share capital
Share and share capital
 
Example of Company background
Example of Company backgroundExample of Company background
Example of Company background
 
Working capital ppt
Working capital pptWorking capital ppt
Working capital ppt
 

Similar to Business Organization

Business Ownership
Business OwnershipBusiness Ownership
Business Ownership
TAYYABA MAHR
 
Types of business_ownership, BBA STUDY MATERIAL
Types of business_ownership, BBA STUDY MATERIALTypes of business_ownership, BBA STUDY MATERIAL
Types of business_ownership, BBA STUDY MATERIAL
som mahato
 
8Forms of Business Ownership -THURSDAY.pptx
8Forms of Business Ownership -THURSDAY.pptx8Forms of Business Ownership -THURSDAY.pptx
8Forms of Business Ownership -THURSDAY.pptx
DevotionTayo
 
Ei 3.06 a_types_of_business_ownership
Ei 3.06 a_types_of_business_ownershipEi 3.06 a_types_of_business_ownership
Ei 3.06 a_types_of_business_ownership
Anuradha Singhai
 
Organisational Forms.pptx
Organisational Forms.pptxOrganisational Forms.pptx
Organisational Forms.pptx
VaibhavSoni742163
 
Forms of business.ppt
Forms of business.pptForms of business.ppt
Forms of business.ppt
KarthikDasari16
 
SLIDESHARE PRESENTATION.pptx
SLIDESHARE PRESENTATION.pptxSLIDESHARE PRESENTATION.pptx
SLIDESHARE PRESENTATION.pptx
Angel Mavuso
 
Forms of business organization
Forms of business organizationForms of business organization
Forms of business organization
Mahesh Chandak
 
Contractual Considerations by Kylie van Heerden
Contractual Considerations by Kylie van HeerdenContractual Considerations by Kylie van Heerden
Contractual Considerations by Kylie van HeerdenLocus Research
 
Forms of Ownership
Forms of OwnershipForms of Ownership
Forms of Ownership
University of johannesburg
 
Forms_of_business_13[1].ppt
Forms_of_business_13[1].pptForms_of_business_13[1].ppt
Forms_of_business_13[1].ppt
ssuser8ba19e1
 
Sole proprietorship, partnership,
Sole proprietorship, partnership,Sole proprietorship, partnership,
Sole proprietorship, partnership,aswami
 
L 04 industrial management
L 04 industrial managementL 04 industrial management
L 04 industrial managementTanya Mathur
 
U2 2. types of business organizations
U2  2. types of business organizationsU2  2. types of business organizations
U2 2. types of business organizations
Fernanda Ledergerber
 
Types of organizaton
Types of organizatonTypes of organizaton
Types of organizaton
Fereshteh Mohammadian
 
Forms of Business Organizations.pptx
Forms of Business Organizations.pptxForms of Business Organizations.pptx
Forms of Business Organizations.pptx
Edwin Gonzales
 
Limited Liability
Limited LiabilityLimited Liability
Limited Liability
tutor2u
 
Classification Of Business.pptx
Classification Of Business.pptxClassification Of Business.pptx
Classification Of Business.pptx
AmitRaj200
 

Similar to Business Organization (20)

Business Ownership
Business OwnershipBusiness Ownership
Business Ownership
 
Types of business_ownership, BBA STUDY MATERIAL
Types of business_ownership, BBA STUDY MATERIALTypes of business_ownership, BBA STUDY MATERIAL
Types of business_ownership, BBA STUDY MATERIAL
 
8Forms of Business Ownership -THURSDAY.pptx
8Forms of Business Ownership -THURSDAY.pptx8Forms of Business Ownership -THURSDAY.pptx
8Forms of Business Ownership -THURSDAY.pptx
 
Ei 3.06 a_types_of_business_ownership
Ei 3.06 a_types_of_business_ownershipEi 3.06 a_types_of_business_ownership
Ei 3.06 a_types_of_business_ownership
 
Organisational Forms.pptx
Organisational Forms.pptxOrganisational Forms.pptx
Organisational Forms.pptx
 
Forms of business.ppt
Forms of business.pptForms of business.ppt
Forms of business.ppt
 
SLIDESHARE PRESENTATION.pptx
SLIDESHARE PRESENTATION.pptxSLIDESHARE PRESENTATION.pptx
SLIDESHARE PRESENTATION.pptx
 
Forms of business organization
Forms of business organizationForms of business organization
Forms of business organization
 
Contractual Considerations by Kylie van Heerden
Contractual Considerations by Kylie van HeerdenContractual Considerations by Kylie van Heerden
Contractual Considerations by Kylie van Heerden
 
Forms of Ownership
Forms of OwnershipForms of Ownership
Forms of Ownership
 
Forms_of_business_13[1].ppt
Forms_of_business_13[1].pptForms_of_business_13[1].ppt
Forms_of_business_13[1].ppt
 
Sole proprietorship, partnership,
Sole proprietorship, partnership,Sole proprietorship, partnership,
Sole proprietorship, partnership,
 
L 04 industrial management
L 04 industrial managementL 04 industrial management
L 04 industrial management
 
U2 2. types of business organizations
U2  2. types of business organizationsU2  2. types of business organizations
U2 2. types of business organizations
 
Types of organizaton
Types of organizatonTypes of organizaton
Types of organizaton
 
Forms of Business Organizations.pptx
Forms of Business Organizations.pptxForms of Business Organizations.pptx
Forms of Business Organizations.pptx
 
Limited Liability
Limited LiabilityLimited Liability
Limited Liability
 
Business organization
Business organizationBusiness organization
Business organization
 
Classification Of Business.pptx
Classification Of Business.pptxClassification Of Business.pptx
Classification Of Business.pptx
 
Unit 2 business
Unit 2 businessUnit 2 business
Unit 2 business
 

Recently uploaded

The-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic managementThe-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic management
Bojamma2
 
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdfikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
agatadrynko
 
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Lviv Startup Club
 
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
BBPMedia1
 
What is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdfWhat is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdf
seoforlegalpillers
 
Brand Analysis for an artist named Struan
Brand Analysis for an artist named StruanBrand Analysis for an artist named Struan
Brand Analysis for an artist named Struan
sarahvanessa51503
 
What are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdfWhat are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdf
HumanResourceDimensi1
 
3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx
tanyjahb
 
Unveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdfUnveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdf
Sam H
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
Nicola Wreford-Howard
 
FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134
LR1709MUSIC
 
Business Valuation Principles for Entrepreneurs
Business Valuation Principles for EntrepreneursBusiness Valuation Principles for Entrepreneurs
Business Valuation Principles for Entrepreneurs
Ben Wann
 
anas about venice for grade 6f about venice
anas about venice for grade 6f about veniceanas about venice for grade 6f about venice
anas about venice for grade 6f about venice
anasabutalha2013
 
The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...
awaisafdar
 
Search Disrupted Google’s Leaked Documents Rock the SEO World.pdf
Search Disrupted Google’s Leaked Documents Rock the SEO World.pdfSearch Disrupted Google’s Leaked Documents Rock the SEO World.pdf
Search Disrupted Google’s Leaked Documents Rock the SEO World.pdf
Arihant Webtech Pvt. Ltd
 
Improving profitability for small business
Improving profitability for small businessImproving profitability for small business
Improving profitability for small business
Ben Wann
 
BeMetals Presentation_May_22_2024 .pdf
BeMetals Presentation_May_22_2024   .pdfBeMetals Presentation_May_22_2024   .pdf
BeMetals Presentation_May_22_2024 .pdf
DerekIwanaka1
 
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
BBPMedia1
 
5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer
ofm712785
 
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraTata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Avirahi City Dholera
 

Recently uploaded (20)

The-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic managementThe-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic management
 
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdfikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
 
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)
 
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
 
What is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdfWhat is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdf
 
Brand Analysis for an artist named Struan
Brand Analysis for an artist named StruanBrand Analysis for an artist named Struan
Brand Analysis for an artist named Struan
 
What are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdfWhat are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdf
 
3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx
 
Unveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdfUnveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdf
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
 
FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134
 
Business Valuation Principles for Entrepreneurs
Business Valuation Principles for EntrepreneursBusiness Valuation Principles for Entrepreneurs
Business Valuation Principles for Entrepreneurs
 
anas about venice for grade 6f about venice
anas about venice for grade 6f about veniceanas about venice for grade 6f about venice
anas about venice for grade 6f about venice
 
The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...
 
Search Disrupted Google’s Leaked Documents Rock the SEO World.pdf
Search Disrupted Google’s Leaked Documents Rock the SEO World.pdfSearch Disrupted Google’s Leaked Documents Rock the SEO World.pdf
Search Disrupted Google’s Leaked Documents Rock the SEO World.pdf
 
Improving profitability for small business
Improving profitability for small businessImproving profitability for small business
Improving profitability for small business
 
BeMetals Presentation_May_22_2024 .pdf
BeMetals Presentation_May_22_2024   .pdfBeMetals Presentation_May_22_2024   .pdf
BeMetals Presentation_May_22_2024 .pdf
 
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
 
5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer
 
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraTata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
 

Business Organization

  • 1. Types of ownership 1.Single-editor Ownership 2.Multiple-editor Ownership
  • 3.
  • 4. Organizational vehicle’S ADVANTAGE AND DISADVANTAGE 1. Sole Proprietorship 2.Partnership 3.Corporation
  • 5. Advantages Disadvantages • Easily established • Owner must bear all • No partners or A costs of set-up and shareholders maintenance • Only pay taxes on •No others to share income generated burden or add expertise • All after tax profit stays • Unlimited liability for with the owner debts • Minimal government •Unlimited liability for regulation malpractice
  • 6. Advantages Disadvantages • Easily established • Unlimited liability of • Pooled expertise personal partner • Pooled resources •Lack of Continuity • Flexibility • Potential for persona •Business Income taxed and authority conflict as individual income • Unlimited liability for • Minimal government malpractice regulation • Must share profits with partner
  • 7. Advantages Disadvantages • Limited liability of • Cost and time involved in stockholders corporation process • Ability to attract larger •Subject to corporate amounts of capital taxes • Distinct legal entity • potential for managerial • Larger pool of skills, potential incentives talents and knowledge • potential loss control of • Ease of transfer of founder(s) of the corp. ownership • other costs, registrations, seals, etc. • taxed twice
  • 9. - Or single proprietorship is a form of business organization, initiated , organized, owned or capitalized and managed by a single person - Entrepreneur is the capitalist, the manager, administrator, and in the beginning of the business, he practically does everything for the business
  • 11. - Is an association of two or more business partners who co-own a business for the purpose of making a profit. The co-owners (partners) share the assets, liabilities, and profits of the business according to the terms of the partnership agreement.
  • 12. Types of Partners • General Partner • Limited Partner • Silent Partners • Dominant Partners • Capitalist Partner • Industrial Management • Managing Partner • Secret Partner • Nominal Partner or partner by estoppels • Liquidating Partners