Business Venture Project Proposal EGR 403 Section 03 Team 2.

Slides:

Advertisements

Similar presentations

Read to Learn Describe the advantages and disadvantages of the three major forms of business organizations. Describe how cooperatives and nonprofits are.

Advertisements

Risk and Return, Business Structures By R. S. Miolla.

Chapter 6: Business Ownership and Operations

Finance and the Financial Manager Chapter 1. Topics Covered  What Is A Corporation?  The Role of The Financial Manager  Who Is The Financial Manager?

Project Proposal Business Venture. Team #3 Members Rahma Said (Organizer) Matt Binondo (Summarizer) Daniel Honeyfield (Techie)

Chapter 1. Goal of the Firm 1) Profit Maximization? this goal ignores: a) TIMING of Returns (Time Value of Money - Ch.5) b) UNCERTAINTY of Returns (Risk.

Forms of Business Ownership & Business Law Part I BCS-BE-16: The student evaluates sole proprietorships as a form of business. BCS-BE-17: The student evaluates.

Types of Business Ownership

A sole proprietorship is a business owned and operated by one individual Disadvantages:  Sole proprietors have unlimited liability and are legally responsible.

Types of Business Ownership Chapter 6.1

Intro to Business, 7e © 2009 South-Western, Cengage Learning SLIDE1 Forms of Business Ownership Goals Understand the three major forms of business ownership.

March 7, 2013 BUSINESS ORGANIZATION.  More formal/complex than a proprietorship (one owner)  Partnership agreement: a written agreement among ALL owners.

Types of Business Ownership 1 Discuss the sole proprietorship legal form. Explain the partnership legal form. Explain how the corporate form gives owners.

Forms of Business Ownership

Chapter 6 Legal form &licences

© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 5 SLIDE 1 BUSINESS LAW BUSINESS OWNERSHIP.

TYPES OF BUSINESSES.

Click here to advance to the next slide.. Chapter 6 Business Ownership and Operations Section 6.1 Types of Business Ownership.

Unit 2 – The United States Economy

Chapter 14: Business Entities Chapter 14 Business Entities.

 Sole proprietorship is a business owned by only one person.  Sole proprietorship is for individual who want to work and make decisions independently.

Click here to advance to the next slide.. Chapter 6 Business Ownership and Operations Section 6.1 Types of Business Ownership.

Microeconomics Business Organizations. Microeconomics: Overview Study of individual businesses and households SMALL scale decisions –A firm’s business.

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

SOLE PROPRIETORSHIP PARTNERSHIP CORPORATION Types of Business Ownership.

Types of Business Ownership What have you learned?

The United States Economy. Our System The U.S. Economy is a mixed-market economy. It is based on: free markets private property profit competition consumer.

Supplements.  Profit-making enterprises  Sole proprietorship:  Partnership:  Corporation:

Forms of Business Ownership. “C” Corporation Unlimited owners (shareholders) No personal liability for shareholders Taxed on earnings at corporate level.

Types of Business Ownership

Types of Business Sole Proprietorship, Partnership, Corporation.

Student Name. Sole Proprietorship The simplest business form under which one can operate a business. The sole proprietorship is not a legal entity. It.

Bell Ringer Activity Identify 3 local business and determine what type of businesses they are (sole proprietorship, partnership, corporation).

Forms Of Business Ownership

S OLE P ROPRIETORSHIP : ONE OWNER 75% of all businesses Owner has unlimited liability for all debts Income or loss will be reported on owner’s personal.

Types of Business Organizations

TYPES OF BUSINESSES Liability of Business Owners Unlimited liability means that a business owner can be legally forced to use personal money and possessions.

Business Structures How can businesses be legally organized?

Advantages and disadvantages of business ownerships.

TYPES OF BUSINESSES SOLE PROPRIETORSHIP A business that is owned and managed by one individual who receives all the profits and bears all the losses.

The Professional Personal Chef 1 Chapter 2 Forms of Ownership.

Objectives You will be able to describe the characteristics of the legal forms of business You will be able to describe the characteristics of the legal.

Forms of Business Ownership Dr. Marilynn K. Skinner.

Manufacturing Business Converts materials into goods suitable for use and then sells them.

Forms of Business Ownership 5-2. Goals Understand the three major forms of business ownership. Determine when each form of business ownership is most.

Copyright  2006 Pearson Education Canada Inc

Types of Business Ownership

The Main Idea Sole proprietorships, partnerships, and corporations are the most common forms of business organization. Cooperatives, nonprofits, and.

Types of Business Ownership

TYPES OF BUSINESSES.

Sole Proprietorships -business owned by a single person or a married couple -3/4 of all businesses are sole proprietorships -Advantages -Disadvantages.

Forms of Business Ownership

Forms of Business Ownership

Structures of International Business Organizations

TYPES OF BUSINESSES.

TYPES OF BUSINESSES.

Business Venture Project Proposal

Types of Businesses.

TYPES OF BUSINESSES.

TYPES OF BUSINESSES.

Click here to advance to the next slide.

Business Structures.

From Class Econ Notes Mr. Park.

Click here to advance to the next slide.

Sole Proprietorship, Partnership and Corporations

TYPES OF BUSINESSES.

Chapter 8-1 Forms of Business.

Chapter 3 How to Form a Business Pre-Study

Types of Business Structures

Presentation transcript:

Business Venture Project Proposal EGR 403 Section 03 Team 2

Type of Project Sole Proprietorships vs. Corporations

Group Members and Roles Francisco Hernandez-Summarizer Henok Kebede-Techy Jason Lee-Techy Michael Vandersluis-Organizer

Scenarios Location of business: Southern California Initial Investment:$100, Patent a Design Legal Issues Financial Issues Sensitivity Analysis

Legal & Financial Issues Sole Proprietorship:  Higher income tax rate  Unlimited Liability  Profits flow directly to owner’s personal tax return Corporation:  Lower corporate tax rate  Limited Liability Protection  Double Tax

Change in ROR Analysis (Years)

More ROR Analysis

Sensitivity Analysis

Resources The law of corporations and other business organizations / Angela Schneeman Statistics of income. Sole proprietorship returns Publication (United States Internal Revenue Service) Statistics of income. Partnership returns / Dept. of the Treasury, Internal Revenue Service Internet ( i.e