10 THE MATCHING GAME THE MATCHING GAME W1W2W3W4W5W6W7W8W9W10W11W12 DEED OF PARTNERSHIP WHERE THE OWNER IS PERSONALLY RESPONSIBLE FOR DEBTS NO CONTINUITY.

Slides:



Advertisements
Similar presentations
8-1: Sole Proprietorship
Advertisements

Read to Learn Describe the advantages and disadvantages of the three major forms of business organizations. Describe how cooperatives and nonprofits are.
Lim Sei cK. A sole proprietorship is a business entity owned by one person who is legally responsible for the debts and taxes of the business.
Understanding Business Structures. Types of Business Structure Sole Trader Partnership Limited Companies Co-operatives Franchises.
10 THE MATCHING GAME THE MATCHING GAME W1W2W3W4W5W6W7W8W9W10W11W12 ENTREPRENEUR WHERE THE OWNER IS PERSONALLY RESPONSIBLE FOR DEBTS MONEY OWED BY A BUSINESS.
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.
Starting a Business in Ireland Legal, Accounting, Tax and Banking Issues.
Starter  Who own these companies? How does ownership work? Sole Trader, Partnership, Limited Company, Co-operative.
Copyright 2005 – Biz/ed Business Ownership BTEC Business.
Types of Business Ownership Chapter 6.1
Starting a New Business Or…how to be an Entrepreneur and make a lot of money!
Types of Business Organisation
Next Business Quiz Yr 10 Business Studies. Next Question 1 How many people own a Sole Trader business? Hint: The word ‘sole’ implies alone, or.
Types of Business Ownership 1 Discuss the sole proprietorship legal form. Explain the partnership legal form. Explain how the corporate form gives owners.
Business Organisations
Starter Answer the following questions on your whiteboards 1.Define sole trader. 2.What is unlimited liability? 3.List 2 advantages of being a sole trader.
Sole Trader Partnership Private Limited Company (LTD) Public Limited Company (PLC) What we will be doing over the next few weeks… When a person wants to.
PMNQBM - BICS1 A partnership is a business association between 2 to 20 people. (Professionals e.g doctors, solicitors can have more than 20) Common partnerships.
Previous Lecture Classes of Companies Privilege of Private Company.
Level 1 Business Studies
Do Now 1)What is one disadvantage of a sole proprietorship? 2) What other alternative might you have?
LECTURE “0” (SELF STUDY) The Corporation Berk, De Marzo Chapter 1 1.
Missing Vowels Can you identify the Business Studies terms from the clue? Ownership & Legal Structure.
Organisations 30/08/10. Small Businesses We can tell a small business by: We can tell a small business by: How many branches it has or if it has only.
Sole traders and partnerships
Types of Business Ownership What have you learned?
THE PRIVATE SECTOR Owned by individuals or groups of individuals, or the government has a shareholding.
10 THE CO-OP MATCHING GAME THE CO-OP MATCHING GAME W1W2W3W4W5W6W7W8W9W10W11W12 DEMOCRATIC ELECTED BY MEMBERS TO RUN FIRM ON THEIR BEHALF WORKER CO-OPERATIVE.
SC3 – Business Organization Lim Sei cK. Different types of business organization Sole proprietorship Partnership Limited company.
MIXED ECONOMY. A market economy primarily based on private enterprise where the government, however, plays an important role in regulating the system.
GCSE Business StudiesBusiness Ownership- Key Terms Sole TraderPublic Limited CompanyWorker co-operative PartnershipUnincorporatedFranchise Sleeping PartnerIncorporationFranchisor.
Topic 2 Types of organisation. Public & Private sectors.
Types of Business Sole Proprietorship, Partnership, Corporation.
Forms of Business Organization (sole proprietorship, partnership, and corporation)
Business Organization. Sole Proprietorship The sole proprietorship is the simplest business form under which one can operate a business. The sole proprietorship.
Bell Ringer Activity Identify 3 local business and determine what type of businesses they are (sole proprietorship, partnership, corporation).
1 ECONOMICS 200 PRINCIPLES OF MICROECONOMICS Professor Lucia F. Dunn Department of Economics.
Sole Trader Is a sole trader the largest or smallest type of business? How many owners does it have? A sole trader is the smallest type of business. It.
Entrepreneurvatcapital Self employed motivationcontrol businessstudiesteacher WHEN SOMEONE WANTS TO DO SOMETHING GO TO BALLS.
Private Sector and Public Sector - 私营部门和公 共部门 Sole Trader - 个体经营 Partnerships - 合作伙伴 Limited Companies - 企业 Cooperatives - 合作社 Types of Organizations.
Understanding Business Structures Types of Business Structure Sole Trader Partnership Limited Companies Co-operatives Franchises.
Types of Business Ownership
Business Structures How can businesses be legally organized?
Partnership accounts Part 6. A partnership is formed when people agree to form a business. Each partner has unlimited liability. There can be limited.
Accounting for Partnerships FLASHCARDS. Distributive share The amount of net income or net loss allocated to each partner Distributive share.
1 - 1 CAREER OPPORTUNITIES IN FINANCE MONEY AND CAPITAL MARKETS INVESTMENT FINANCIAL MANAGEMENT.
Chapter 6 Business Ownership and Operations
Year 12 Business Studies Legal Structures- Partnerships.
Business Organizations Chapter 3. FORMS OF BUSINESS ORGANIZATIONS Chapter 3, Section 1.
GROUP MEMBERS : NUR SHAFIQKA BINTI AHMAD SUKRI (18DNS12F1039) NUR FAEZAH BINTI SAMSU (18DNS12F1040) MUHAMMAD ZAKWAN FAHMI BIN MAT ZAKI (18DNS12F1042)
BUSINESS ORGANIZATIONS. Business Organizations An enterprise that produces goods or provides services in order to make a profit A business can be organized.
Lim Sei cK. A sole proprietorship is a business entity owned by one person who is legally responsible for the debts and taxes of the business.
Sources of Finance BUSINESS SUITABILITY You will Understand that the type of business organisation will determine the suitability of the source of finance.
Mr Worth Unit 1 Investigating Business Ownership.
Partnerships Aims  Identify the characteristics of a partnership Objectives  Define a partnership  Give examples of types of partnership  Explain 3.
Partnership. A firm owned by two or more people and bound by the terms of a legal document known as a partnership agreement There are two different types.
FORMS OF BUSINESS OWNERSHIP PARTNERSHIPS PARTNERSHIPS –Unlimited Partnership –Limited Partnership CORPORATIONS CORPORATIONS –Private Limited Company –Public.
Mr Worth Unit 1 Investigating Business Ownership.
Tutor2u ™ GCSE Business Studies Revision Presentations 2004 Types of Business Organisation.
Limited Companies Mrs Reid. Learning Objectives –Identify the key feature of Limited Companies –Define limited liability and incorporation –Explain the.
Business Ownership BTEC Business.
Legal Types of Business
Types of Business Organisation
Partnerships.
Unit 4: the firm as a producer
Forms of Business Organisation
8-1: Sole Proprietorship
Getting Started.
ECONOMICS UNIT 3 – Types of Businesses
Business Ownership BTEC Business.
Presentation transcript:

10 THE MATCHING GAME THE MATCHING GAME W1W2W3W4W5W6W7W8W9W10W11W12 DEED OF PARTNERSHIP WHERE THE OWNER IS PERSONALLY RESPONSIBLE FOR DEBTS NO CONTINUITY UNLIMITED LIABILITY SLEEPING PARTNER SPECIALISATION PRIVATE SECTOR A LEGAL DOCUMENT THAT SETS OUT THE RELATIONSHIPS BETWEEN PARTNERS THE PART OF OUR ECONOMY OWNED BY INDIVIDUALS WHERE A PARTNER CONCENTRATES ON ONE AREA A PARTNER WHO INVESTS MONEY BUT DOES NOT HELP RUN THE FIRM MEANS A PARTNERSHIP WILL END IF ONE LEAVES

10 THE MATCHING GAME 1 THE MATCHING GAME 1 W1W2W3W4W5W6W7W8W9W10W11W12 DEED OF PARTNERSHIP WHERE THE OWNER IS PERSONALLY RESPONSIBLE FOR DEBTS NO CONTINUITY UNLIMITED LIABILITY SLEEPING PARTNER SPECIALISATION PRIVATE SECTOR A LEGAL DOCUMENT THAT SETS OUT THE RELATIONSHIPS BETWEEN PARTNERS THE PART OF OUR ECONOMY OWNED BY INDIVIDUALS WHERE A PARTNER CONCENTRATES ON ONE AREA A PARTNER WHO INVESTS MONEY BUT DOES NOT HELP RUN THE FIRM MEANS A PARTNERSHIP WILL END IF ONE LEAVES

10 THE MATCHING GAME 2 THE MATCHING GAME 2 W1W2W3W4W5W6W7W8W9W10W11W12 DEED OF PARTNERSHIP WHERE THE OWNER IS PERSONALLY RESPONSIBLE FOR DEBTS NO CONTINUITY UNLIMITED LIABILITY SLEEPING PARTNER SPECIALISATION PRIVATE SECTOR A LEGAL DOCUMENT THAT SETS OUT THE RELATIONSHIPS BETWEEN PARTNERS THE PART OF OUR ECONOMY OWNED BY INDIVIDUALS WHERE A PARTNER CONCENTRATES ON ONE AREA A PARTNER WHO INVESTS MONEY BUT DOES NOT HELP RUN THE FIRM MEANS A PARTNERSHIP WILL END IF ONE LEAVES

10 THE MATCHING GAME 3 THE MATCHING GAME 3 W1W2W3W4W5W6W7W8W9W10W11W12 DEED OF PARTNERSHIP WHERE THE OWNER IS PERSONALLY RESPONSIBLE FOR DEBTS NO CONTINUITY UNLIMITED LIABILITY SLEEPING PARTNER SPECIALISATION PRIVATE SECTOR A LEGAL DOCUMENT THAT SETS OUT THE RELATIONSHIPS BETWEEN PARTNERS THE PART OF OUR ECONOMY OWNED BY INDIVIDUALS WHERE A PARTNER CONCENTRATES ON ONE AREA A PARTNER WHO INVESTS MONEY BUT DOES NOT HELP RUN THE FIRM MEANS A PARTNERSHIP WILL END IF ONE LEAVES

10 THE MATCHING GAME 4 THE MATCHING GAME 4 W1W2W3W4W5W6W7W8W9W10W11W12 DEED OF PARTNERSHIP WHERE THE OWNER IS PERSONALLY RESPONSIBLE FOR DEBTS NO CONTINUITY UNLIMITED LIABILITY SLEEPING PARTNER SPECIALISATION PRIVATE SECTOR A LEGAL DOCUMENT THAT SETS OUT THE RELATIONSHIPS BETWEEN PARTNERS THE PART OF OUR ECONOMY OWNED BY INDIVIDUALS WHERE A PARTNER CONCENTRATES ON ONE AREA A PARTNER WHO INVESTS MONEY BUT DOES NOT HELP RUN THE FIRM MEANS A PARTNERSHIP WILL END IF ONE LEAVES

10 THE MATCHING GAME 5 THE MATCHING GAME 5 W1W2W3W4W5W6W7W8W9W10W11W12 DEED OF PARTNERSHIP WHERE THE OWNER IS PERSONALLY RESPONSIBLE FOR DEBTS NO CONTINUITY UNLIMITED LIABILITY SLEEPING PARTNER SPECIALISATION PRIVATE SECTOR A LEGAL DOCUMENT THAT SETS OUT THE RELATIONSHIPS BETWEEN PARTNERS THE PART OF OUR ECONOMY OWNED BY INDIVIDUALS WHERE A PARTNER CONCENTRATES ON ONE AREA A PARTNER WHO INVESTS MONEY BUT DOES NOT HELP RUN THE FIRM MEANS A PARTNERSHIP WILL END IF ONE LEAVES

10 THE MATCHING GAME 6 THE MATCHING GAME 6 W1W2W3W4W5W6W7W8W9W10W11W12 DEED OF PARTNERSHIP WHERE THE OWNER IS PERSONALLY RESPONSIBLE FOR DEBTS NO CONTINUITY UNLIMITED LIABILITY SLEEPING PARTNER SPECIALISATION PRIVATE SECTOR A LEGAL DOCUMENT THAT SETS OUT THE RELATIONSHIPS BETWEEN PARTNERS THE PART OF OUR ECONOMY OWNED BY INDIVIDUALS WHERE A PARTNER CONCENTRATES ON ONE AREA A PARTNER WHO INVESTS MONEY BUT DOES NOT HELP RUN THE FIRM MEANS A PARTNERSHIP WILL END IF ONE LEAVES

10 THE MATCHING GAME 7 THE MATCHING GAME 7 W1W2W3W4W5W6W7W8W9W10W11W12 DEED OF PARTNERSHIP WHERE THE OWNER IS PERSONALLY RESPONSIBLE FOR DEBTS NO CONTINUITY UNLIMITED LIABILITY SLEEPING PARTNER SPECIALISATION PRIVATE SECTOR A LEGAL DOCUMENT THAT SETS OUT THE RELATIONSHIPS BETWEEN PARTNERS THE PART OF OUR ECONOMY OWNED BY INDIVIDUALS WHERE A PARTNER CONCENTRATES ON ONE AREA A PARTNER WHO INVESTS MONEY BUT DOES NOT HELP RUN THE FIRM MEANS A PARTNERSHIP WILL END IF ONE LEAVES

10 THE MATCHING GAME 8 THE MATCHING GAME 8 W1W2W3W4W5W6W7W8W9W10W11W12 DEED OF PARTNERSHIP WHERE THE OWNER IS PERSONALLY RESPONSIBLE FOR DEBTS NO CONTINUITY UNLIMITED LIABILITY SLEEPING PARTNER SPECIALISATION PRIVATE SECTOR A LEGAL DOCUMENT THAT SETS OUT THE RELATIONSHIPS BETWEEN PARTNERS THE PART OF OUR ECONOMY OWNED BY INDIVIDUALS WHERE A PARTNER CONCENTRATES ON ONE AREA A PARTNER WHO INVESTS MONEY BUT DOES NOT HELP RUN THE FIRM MEANS A PARTNERSHIP WILL END IF ONE LEAVES

10 THE MATCHING GAME 9 THE MATCHING GAME 9 W1W2W3W4W5W6W7W8W9W10W11W12 DEED OF PARTNERSHIP WHERE THE OWNER IS PERSONALLY RESPONSIBLE FOR DEBTS NO CONTINUITY UNLIMITED LIABILITY SLEEPING PARTNER SPECIALISATION PRIVATE SECTOR A LEGAL DOCUMENT THAT SETS OUT THE RELATIONSHIPS BETWEEN PARTNERS THE PART OF OUR ECONOMY OWNED BY INDIVIDUALS WHERE A PARTNER CONCENTRATES ON ONE AREA A PARTNER WHO INVESTS MONEY BUT DOES NOT HELP RUN THE FIRM MEANS A PARTNERSHIP WILL END IF ONE LEAVES

10 THE MATCHING GAME 10 THE MATCHING GAME 10 W1W2W3W4W5W6W7W8W9W10W11W12 DEED OF PARTNERSHIP WHERE THE OWNER IS PERSONALLY RESPONSIBLE FOR DEBTS NO CONTINUITY UNLIMITED LIABILITY SLEEPING PARTNER SPECIALISATION PRIVATE SECTOR A LEGAL DOCUMENT THAT SETS OUT THE RELATIONSHIPS BETWEEN PARTNERS THE PART OF OUR ECONOMY OWNED BY INDIVIDUALS WHERE A PARTNER CONCENTRATES ON ONE AREA A PARTNER WHO INVESTS MONEY BUT DOES NOT HELP RUN THE FIRM MEANS A PARTNERSHIP WILL END IF ONE LEAVES