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Unit1 Companies

INTRODUCTION TO BUSINESS CONCEPTS. Unit1 Companies. Group 1 : PHAL OUDOMPHOL PHAN KIMHOUT TO PHENGLY YEN MAKARA NHAR VONG SO BUNLONG. 1.Basic Forms of Business Ownership. There are three forms of Business Ownership :. 1.1-Sole Proprietorships.

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Unit1 Companies

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  1. INTRODUCTION TO BUSINESS CONCEPTS Unit1 Companies Group 1 : PHAL OUDOMPHOL PHAN KIMHOUT TO PHENGLY YEN MAKARA NHAR VONG SO BUNLONG Group 1, Chapter 1

  2. 1.Basic Forms of Business Ownership There are three forms of Business Ownership : Group 1, Chapter 1

  3. 1.1-Sole Proprietorships A business owned by a single owner. 1.1.1 Advantages Group 1, Chapter 1

  4. Cont. . 1.1.2 disadvantages Group 1, Chapter 1

  5. 1.2 Partnership Partnership : A business that is co-owned by two or more people. Partner: Co-owners owners of the business • Advantages • Addition Funding • Losses are shared • More specialization • Disadvantages • Control Is shared • Unlimited Liability • Profit are shared Group 1, Chapter 1

  6. 1.3 Corporation . 1.3.1 Advantages • More money for investment • Limited liability • Size • Perpetual life • Ease of ownership change • Ease of drawing talented employees • Separation of ownership from management Group 1, Chapter 1

  7. Cont. . 1.3.2 Disadvantages • Initial cost  • Extensive paperwork • Two tax returns • Size  • Difficulty of termination • Double taxation Group 1, Chapter 1

  8. + S Corporation An S Corporation is a unique government creation that looks like a corporation but is taxed like sole proprietorships and partnership. 1.4.1 Advantages Group 1, Chapter 1

  9. Cont. 1.4.2 Disadvantages Group 1, Chapter 1

  10. 3. Franchise Is a right to buy brand name, services, and product to bring in own country for sell within the law. 3.1. Advantages Group 1, Chapter 1

  11. Cont. 3.2. Disadvantages Group 1, Chapter 1

  12. Group 1, Chapter 1

  13. Group 1, Chapter 1

  14. Group 1, Chapter 1

  15. Group 1, Chapter 1

  16. Group 1, Chapter 1

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