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FORMS OF BUSINESS ORGANIZATION. FORMS OF BUSINESS ORGANIZATION. Introduction and Understanding of Three Principal Forms of Business Organization Essential Attributes and Characteristics Analyzing Business Needs and Selecting Appropriate Business Form. FORMS OF BUSINESS ORGANIZATION.
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FORMS OF BUSINESS ORGANIZATION • Introduction and Understanding of • Three Principal Forms of Business Organization • Essential Attributes and Characteristics • Analyzing Business Needs and Selecting Appropriate Business Form
FORMS OF BUSINESS ORGANIZATION • Organizational Forms determined by • Owner’s Objectives: Liability, Profit Distribution, Taxation and Capital Structure • Dealings with Outside World: Other Owners, Heirs, Employees, Customers and Future Owners of Business • Legislative Goals: Special-Purpose Entities to encourage investments, in, for example, Small Businesses or Affordable Housing
FORMS OF BUSINESS ORGANIZATION • Three Organizational Forms developed by Business Owners • Sole Proprietorship • General Partnership • Corporation
FORMS OF BUSINESS ORGANIZATION • DEFINITIONS
FORMS OF BUSINESS ORGANIZATION • FORMATION
FORMS OF BUSINESS ORGANIZATION • GOVERNING DOCUMENTS
FORMS OF BUSINESS ORGANIZATION • NATURE OF OWNERSHIP
FORMS OF BUSINESS ORGANIZATION • LIABILITY
FORMS OF BUSINESS ORGANIZATION • TAXATION
FORMS OF BUSINESS ORGANIZATION • MANAGEMENT
FORMS OF BUSINESS ORGANIZATION • TRANSFER OWNERSHIP INTERESTS
FORMS OF BUSINESS ORGANIZATION • WITHDRAWAL OF OWNER
FORMS OF BUSINESS ORGANIZATION • SPECIAL PURPOSE ENTITIES