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Forms of Business Organisation

Forms of Business Organisation. By- Rahul Jain. Forms of Business Organisation. Sole Proprietorship HUF Partnerships Private Companies Public companies Co-operative Societies Non-profit organisations. Activity. Discussion of Reasons of Failure of Businesses.

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Forms of Business Organisation

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  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)

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