ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP BUSINESS ENTITIES & FORMATION CHAPTER 5 BUSINESS ENTITIES & FORMATION 1 ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP…

Slide 1Unit 2 Microeconomics #19 Slide 2 Unit 2 Warm Ups #20 Slide 3 Key Terms Sole proprietorship- a business owned by one person Unlimited liability -when the owner is…

1. TOPIC:-BUSINESS ORGANISATION:TYPES OF BUSINESSORGANISATIONS; ROLES OFCOOPERATIVES, CORPORATESECTOR AND FAMILY BUSINESSHOUSES; SMALL SCALE ANDTINY SECTOR UNITS.PRESENTED…

Business Organization Have you ever thought about starting your own business? If you were your own boss, what type of business could you see yourself running 5, 10 ,15 years…

158 The Learning Goals of this chapter are to: Describe the advantages and disadvantages of a sole proprietorship. Describe the advantages and disadvantages of a partnership.…

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Business Organizations Business Organizations Mr. Southward 3 Major Types Sole Proprietorships Partnerships Corporations Everyone will be divided into groups of 4. Each group…

The World of Business and Accounting Making Accounting Relevant Owning and operating a business takes special skills and traits. What skills do you think are important for…

They are the simplest to form because of the small amount of capital needed to start up. Examples are beauticians, dentists, lawyers, dry-cleaning and lawn care. Sole proprietorships…

Selecting a Form of Business Ownership Chapter Objectives Identify questions in choosing a form of business ownership Describe sole proprietorship and advantages and disadvantages…