SlideServe
Télécharger Obtenir Pro
Menu
Accueil Pro
Préférences
ApparenceLight Aide et commentaires
© SlideServe · v2026

Business Organizations: Sole Proprietorship, Partnership, Corporation, and Franchise

mbetsy avatar
mbetsy
20 diapositives · 318 Views · Jan 06, 2020

Learn about the differences between Sole Proprietorship, Partnership, Corporation, and Franchise, their advantages, disadvantages, and how they operate in the business world.

Business Organizations: Sole Proprietorship, Partnership, Corporation, and Franchise - slide 1
01 / 20Business Organizations: Sole Proprietorship, Partnership, Corporation, and Franchise
1 / 17

Télécharger la présentation

Business Organizations: Sole Proprietorship, Partnership, Corporation, and Franchise
Une image / un lien ci-dessous est fourni (tel quel) pour télécharger la présentation

Politique de téléchargement : le contenu du site vous est fourni TEL QUEL pour votre information et votre usage personnel ; il ne peut être vendu, concédé sous licence ni partagé sur d’autres sites sans l’accord de son auteur.Le contenu vous est fourni TEL QUEL, pour votre information et votre usage personnel uniquement. Téléchargez la présentation en cliquant sur ce lien. Lors du téléchargement, si vous ne parvenez pas à télécharger une présentation, l’éditeur a peut-être supprimé le fichier de son serveur.Pendant le téléchargement, si vous ne parvenez pas à obtenir une présentation, le fichier a peut-être été supprimé par l’éditeur.

F I N

Plus de contenu associé

Transcription de la présentation

  1. Chapter 37 Business Organizations

  2. What is Sole Proprietorship? • The simplest, most flexible, and easiest to start. • ONE Owner

  3. Advantages • Have control over all decisions • Pay scale • Hours • Inventory or what to sell • Keeps all profits.

  4. Disadvantages • All financial responsibility • Personal property may be taken to pay for debt. • Not as much start up capital. • Limited experience and knowledge • Stress Level • Lots of Hours.

  5. Partnership • An association of TWO or MORE Persons. • Co-Owners

  6. Advantages • More start up capital • Share expenses and debt. • Combine labor, skill and knowledge

  7. Disadvantages • Share Profit • Lose some control over decisions • Personality Conflicts.

  8. How is a Partnership Ended? • Dissolution occurs when both parties agree to end. • Death • Court Decree or Order

  9. What is a Corporation? • A legal entity or artificial person in the eyes of the law. • Its existence it distinctly separate from real people who organize, own and run it. • Created by and for the people.

  10. Advantages • Perpetual Life • Limited Liability • Transferability of Ownership Interests • Ability to attract large sums of capital • Professional management

  11. Disadvantages • Taxes – 2 times. The corporation gets taxed on its income, and individuals get taxed when they receive their checks. • Hard to start and manage. • Legal issues to face. • Cost lots of money to get started.

  12. S Corporation • Organized under Subchapter S of the Internal Revenue Code. • Only has 1 class of stock----Common • No more than 35 Shareholders. • Taxes-Treated as a Partnership.

  13. What is a Stock? • Share of ownership in a company.

  14. Common Stock • Paid Second after Preferred • Dividends depend on Income of Corporation. • Vary from quarter to quarter. • Voting power. One vote per share of stock.

  15. Preferred Stock • Paid first • Guaranteed a certain amount of money-if the corporation has money to give. • No Voting Power

  16. Shareholder • The person who owns the stock. • Also called a Stockholder

  17. Franchise • Corporation owned business that sells permission to own operate on their behalf.

  18. Advantages of a Franchise • Success rate is very high. • Very little risk • Consumer recognition • Production Identification already established. • Marketing decisions already done for you. • Professional Management to assist you.

  19. Disadvantages of a Franchise • Limited control over decisions • Marketing, advertising, product choices are done for you. • A franchise fee –large amount.

  20. Legal Involvement of Government in Business • See Transparency