This document discusses different topics relating to business, including: - The three main kinds of business: industry, commerce, and services. - The legal forms of business ownership like sole proprietorship, partnership, corporation and cooperative. - The importance of registering a business with relevant government agencies to establish legal status, comply with regulations, and gain benefits. - The multi-step process and key agencies involved in officially registering a new business enterprise in the Philippines.

1. C V C I T C
Cagayan Valley Computer & Information Technology College, Inc.
BUSINESS IN GENERAL
AND NATURE AND
CONCEPT OF
MANAGEMENT
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CLIENT WILLIAM M. MALINAO

2. C V C I T C
Cagayan Valley Computer & Information Technology College, Inc.
During and at the end of the session,
students will be able to:
• Identify different kind of Business
• Explain the legal forms of Business Ownership;
• Illustrate the Procedures on how to Register Business
Enterprise; anda
• Realize the benefits of a registered enterprise.
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3. C V C I T C
Cagayan Valley Computer & Information Technology College, Inc.
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• INDUSTRY
• COMMERCE
• SERVICES
KINDS OF BUSINESS

4. C V C I T C
Cagayan Valley Computer & Information Technology College, Inc.
INDUSTRY
• Primarily concerned with production,
application of labor upon the use of materials
so that greater usefulness becomes possible
after processing.
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EXTRACTIVE MANUFACTURING

5. C V C I T C
Cagayan Valley Computer & Information Technology College, Inc.
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EXTRACTIVE INDUSTRY

6. C V C I T C
Cagayan Valley Computer & Information Technology College, Inc.
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MANUFACTURING INDUSTRY

7. C V C I T C
Cagayan Valley Computer & Information Technology College, Inc.
COMMERCE
• Process of buying and selling where the goods
are moved from the point of production to the
point of consumption.
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8. C V C I T C
Cagayan Valley Computer & Information Technology College, Inc.
EXAMPLES
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9. C V C I T C
Cagayan Valley Computer & Information Technology College, Inc.
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E-COMMERCE

10. C V C I T C
Cagayan Valley Computer & Information Technology College, Inc.
SERVICE
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SERVICE
• Primarily concerned with the satisfaction of
the needs and wants of the consumers.
• The occupation or function of serving.

11. C V C I T C
Cagayan Valley Computer & Information Technology College, Inc.
PUBLIC AND
COMMUNITY
SERVICE
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PROFESSIONAL
OR TRADE
SERVICE
• Law Offices
• CPA’s
• Repair shops
• Hospitals
• Transportation
Companies
• Communication
Companies
• News Publishers
• MERALCO

12. C V C I T C
Cagayan Valley Computer & Information Technology College, Inc.
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LEGAL
FORMS OF
BUSINESS

13. C V C I T C
Cagayan Valley Computer & Information Technology College, Inc.
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14. C V C I T C
Cagayan Valley Computer & Information Technology College, Inc.
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• Easy to form and
dissolve
• All profits to the
owner
• Owner is the Boss
• Tax advantage and
lesser Government
regulation
• Unlimited liability
• Lack of stability
• Limited access to
credit
• Limited business
knowledge and
skills

15. C V C I T C
Cagayan Valley Computer & Information Technology College, Inc.
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16. C V C I T C
Cagayan Valley Computer & Information Technology College, Inc.
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17. C V C I T C
Cagayan Valley Computer & Information Technology College, Inc.
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• Easy to organize
• More Capital and
Credit
• Partners get all
profits
• More knowledge
and skills
• Unlimited liability
• Lack of stability
• Management
disagreement
• Idle investment

18. C V C I T C
Cagayan Valley Computer & Information Technology College, Inc.
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19. C V C I T C
Cagayan Valley Computer & Information Technology College, Inc.
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• Limited liability
• Easy to raise
capital
• Perpetual life
• Specialized
Management
• Difficult to Organize
• Strictly regulated by
Gov.
• Some are socially
irresponsible
• Impersonal
employee-employer
relationship

20. C V C I T C
Cagayan Valley Computer & Information Technology College, Inc.
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RA 9520
PHILIPPINE COOPERATIVE CODE OF 2008

21. C V C I T C
Cagayan Valley Computer & Information Technology College, Inc.
PRINCIPLES
• Open and Voluntary Membership
• Democratic Control
• Member Economic Participation
• Autonomy and Independence
• Education, Training and Information
• Cooperation among Cooperatives
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22. C V C I T C
Cagayan Valley Computer & Information Technology College, Inc.
REGISTERING BUSINESS
• To establish the legal personality of the
Business
• To obtain (PTO) permit to Operate
• To comply with the requirements of special
regulatory or promotional programs of the
Government
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23. C V C I T C
Cagayan Valley Computer & Information Technology College, Inc.
AGENCIES
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SOLE
PARTNERSHIP/
CORPORATIONS
COOPERATIVES

24. C V C I T C
Cagayan Valley Computer & Information Technology College, Inc.
KEY AREAS IN IMPLEMENTING
THE PROGRAMS
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25. C V C I T C
Cagayan Valley Computer & Information Technology College, Inc.
SEQUENCE OF REGISTERING
• DTI and BTRCP
• LGU
• BARANGAY
• BIR
• SSS
• DOLE
• HDMF
• PHILHEALTH
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• SEC/CDA
• LGU
• BARABNGAY
• BIR
• SSS
• DOLE
HDMF
PHILHEALTH

26. C V C I T C
Cagayan Valley Computer & Information Technology College, Inc.
RA 3883
November 14, 1931
BUSINESS NAMES
LAW
-No two (2) business would have the same or
similar names
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27. C V C I T C
Cagayan Valley Computer & Information Technology College, Inc.
WHY????
• Getting on Record
• Legal Liability protection
• Continuity
• Getting Loan
• Reputation with Customers
• Supplier Arrangements
• Hiring Employees
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28. C V C I T C
Cagayan Valley Computer & Information Technology College, Inc.
READY????
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