The Ownership Structure Of a Company

 Sole Proprietorships:

    A form of enterprise established, owned, and operated by one person.

  •  Advantages:
    • It is easy to establish and less expensive.
    • All profits go to the owner.
    • Have direct control.
    • Free from government regulation.
    • There is no particular tax burden.
    • It is easy to dismantle the business.
  • Disadvantages:
    • The burden of responsibility is high.
    • It takes work to secure funds.
    • Management experience could be more substantial
    • It isn't easy to secure an excellent workforce.
    • You have to sacrifice your time.
    • The company's lifespan is unstable.
    • All losses are the sole responsibility of the owner.
Partnership:
    
    A form of enterprise established, owned, and operated by more than one person.

  • Advantages:
    • Easy to establish
    • Easy to secure capital
    • Variety of techniques and expertise
    • You can secure it
    • Be flexible
    • No corporate tax
    • Relatively free from government regulation
    • Be free
  • Disadvantages:
    • Unlimited liability
    • Possible dispute between partners
    • Distribution of profits

Corporations:

    As a corporation with legal authority apart from the investor, the investor is not personally liable for the company's debt




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