Forms of Business Organisation

1
Forms of Business Organisation

• By- Rahul Jain

2
Forms of Business Organisation

• Sole Proprietorship
• HUF
• Partnerships
• Private Companies
• Public companies
• Co-operative Societies
• Non-profit organisations

3
Activity

• Discussion of Reasons of Failure of Businesses

4
Features of Ideal form of Ownership

• Ease of Formation
• Finance
• Limited Liability
• Transferability of Interest
• Effective Management
• Stability Continuity
• Flexibility of Operations

5
Features of Ideal form of Ownership

• Less Government control
• Low Tax Burden

6
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

7
Factors

• Government regulation
• Flexibility of Operations

8
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)