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Forms of Business Organisation. By- Rahul Jain. Forms of Business Organisation. Sole Proprietorship HUF Partnerships Private Companies Public companies Co-operative Societies Non-profit organisations. Activity. Discussion of Reasons of Failure of Businesses.
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Forms of Business Organisation By- Rahul Jain
Forms of Business Organisation • Sole Proprietorship • HUF • Partnerships • Private Companies • Public companies • Co-operative Societies • Non-profit organisations
Activity • Discussion of Reasons of Failure of Businesses
Features of Ideal form of Ownership • Ease of Formation • Finance • Limited Liability • Transferability of Interest • Effective Management • Stability & Continuity • Flexibility of Operations
Features of Ideal form of Ownership • Less Government control • Low Tax Burden
Factors • Nature of Business • Size and Area of Operations • Degree of Control desired • Amount of Capital required • Degree of Risk & Liability • Profits • Duration of Business
Factors • Government regulation • Flexibility of Operations
Preparation for Next class • Show Key learnings • Interview the Sole proprietor (Single Owner) or family organization (HUF) and prepare a report on the formation and features of this type of business, merits and demerits. (One page report)