Types of Business Ownership 1 Entrepreneurs need to understand the advantages and disadvantages of...

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Types of Business Ownership 1 Entrepreneurs need to understand the advantages and disadvantages of various forms of business ownership so they can choose the most appropriate form for their business. Section 7.1 Sole Proprietorships and Partnerships 7.1

Transcript of Types of Business Ownership 1 Entrepreneurs need to understand the advantages and disadvantages of...

Page 1: Types of Business Ownership 1 Entrepreneurs need to understand the advantages and disadvantages of various forms of business ownership so they can choose.

Types of Business Ownership Types of Business Ownership

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Entrepreneurs need to understand the advantages and disadvantages of various forms of business ownership so they can choose the most appropriate form for their business.

Section 7.1 Sole Proprietorships and Partnerships

7.1

Page 2: Types of Business Ownership 1 Entrepreneurs need to understand the advantages and disadvantages of various forms of business ownership so they can choose.

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Sole Proprietorship

Section 7.1 Sole Proprietorships and Partnerships

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Page 3: Types of Business Ownership 1 Entrepreneurs need to understand the advantages and disadvantages of various forms of business ownership so they can choose.

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Sole Proprietorship

Section 7.1 Sole Proprietorships and Partnerships

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Types of Business Ownership Types of Business Ownership

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Sole Proprietorship

Section 7.1 Sole Proprietorships and Partnerships

Group 3

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Types of Business Ownership Types of Business Ownership

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Sole Proprietorship

Section 7.1 Sole Proprietorships and Partnerships

Group 4

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Partnerships

Section 7.1 Sole Proprietorships and Partnerships

Group 5

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Partnerships

Section 7.1 Sole Proprietorships and Partnerships

Group 6

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Partnerships

Section 7.1 Sole Proprietorships and Partnerships

Group 7

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Partnerships

Section 7.1 Sole Proprietorships and Partnerships

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In a corporation, the owners of the business are protected from liability for the actions of the company.

Section 7.2 Corporations

7.2

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Corporations

Section 7.2 Corporations

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Corporations

Section 7.2 Corporations

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Corporations

Section 7.2 Corporations

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Subchapter S Corporation

Section 7.2 Corporations

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Nonprofit Corporation

Section 7.2 Corporations

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Limited Liability Company

Section 7.2 Corporations

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Making the Decision Before deciding on a legal form, ask yourself key questions about:

Section 7.2 Corporations

your skills

capital

expenses

willingness to assume liability

level of control wanted

length of time you expect to own the business


2 Read to Learn The four main ways to become a business owner and the advantages and disadvantages of each The different forms of legal business ownership.

2 Read to Learn The four main ways to become a business owner and the advantages and disadvantages of each The different forms of legal business ownership.

5 11 business ownership

5 11 business ownership

Tennessee State CLEs Describe advantages and disadvantages of the basic forms of business ownership (sole proprietorship, partnership, and corporation)

Tennessee State CLEs Describe advantages and disadvantages of the basic forms of business ownership (sole proprietorship, partnership, and corporation)

Learning Objectives 11.1 Describe the advantages and disadvantages of the most common forms of business ownership. 11.2 Identify the stakeholders of a.

Learning Objectives 11.1 Describe the advantages and disadvantages of the most common forms of business ownership. 11.2 Identify the stakeholders of a.

1.1 Business Ownership

1.1 Business Ownership

Redefining Business Ownership

Redefining Business Ownership

ADVANTAGES AND DISADVANTAGES OF THE … AND DISADVANTAGES OF THE...ACTIVITY 1 Paste business cards/ advertisments of the following forms of ownership: 1)Sole Trader 2)Partnership 3)Close

ADVANTAGES AND DISADVANTAGES OF THE … AND DISADVANTAGES OF THE...ACTIVITY 1 Paste business cards/ advertisments of the following forms of ownership: 1)Sole Trader 2)Partnership 3)Close

3-1 Forms Of Ownership Of Small Business Primary Legal Forms Primary Legal Forms Advantages & Disadvantages Of Each Form Advantages & Disadvantages Of.

3-1 Forms Of Ownership Of Small Business Primary Legal Forms Primary Legal Forms Advantages & Disadvantages Of Each Form Advantages & Disadvantages Of.

Business Ownership Chapter 7. 3 Basic Types of Business Ownership.

Business Ownership Chapter 7. 3 Basic Types of Business Ownership.

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Business Ownership

Advantages and Disadvantages of Jointly Held Propertyrrnew.com/conceptionabbey/pdfs/2019_Spring_OEL.pdfJoint ownership also may present tax disadvantages. When appreciated stocks,

Advantages and Disadvantages of Jointly Held Propertyrrnew.com/conceptionabbey/pdfs/2019_Spring_OEL.pdfJoint ownership also may present tax disadvantages. When appreciated stocks,

Chapter 6 Business Ownership and Operations Read to Learn · Chapter 6 Business Ownership and Operations Section 6.1 Types of Business Ownership Read to Learn ... Organizing a Business

Chapter 6 Business Ownership and Operations Read to Learn · Chapter 6 Business Ownership and Operations Section 6.1 Types of Business Ownership Read to Learn ... Organizing a Business

Forms of business ownership

Forms of business ownership

CHAPTER Section 3.1 Types of Business Section 3.2 Types of Business Ownership Types of Business & Business Ownership.

CHAPTER Section 3.1 Types of Business Section 3.2 Types of Business Ownership Types of Business & Business Ownership.

DIP – Business Ownership

DIP – Business Ownership

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Business Ownership Structures

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Business ownership BTEC unit 1. Learning objectives To describe the different types of business ownership To identify 3 advantages and 3 disadvantages.

Business ownership BTEC unit 1. Learning objectives To describe the different types of business ownership To identify 3 advantages and 3 disadvantages.

BUSINESS STUDIES BUSINESS OPPORTUNITIES...4 Discuss/Explain/Describe CHARATERISTICS, ADVANTAGES & DISADVANTAGES of forms of ownership. 1. SOLE PROPRIETOR 1.1. CHARACTERISTICS: CHARACTERISTIC

BUSINESS STUDIES BUSINESS OPPORTUNITIES...4 Discuss/Explain/Describe CHARATERISTICS, ADVANTAGES & DISADVANTAGES of forms of ownership. 1. SOLE PROPRIETOR 1.1. CHARACTERISTICS: CHARACTERISTIC

Types of Business Ownership Intro to Accounting. Entrepreneurs need to understand the advantages and disadvantages of various types of businesses so that.

Types of Business Ownership Intro to Accounting. Entrepreneurs need to understand the advantages and disadvantages of various types of businesses so that.