مقدمه في الاعمال تشابتر 3 البارت الاول

Sole Proprietorships

• Business owned and usually operated by one person who is responsible for all of its debts.

• business with two or more owners who share in both the operation of the firm and the financial responsibility for its debts

Advantages of Sole Proprietorships

• Freedom

• Easy to form

• Simplicity of legal setup procedures سهولة الإجراءات القانونية

Disadvantages of Sole Proprietorships

• المسؤولیة غیر محدودة liability Unlimited -

• - Lack of continuity مستمرة غیر

• - Depends on the resources of one person فقط واحد شخص مصادر على تعتمد

• - Hard to borrow money المال اقتراض صعوبة

General partnership

• business with two or more owners who share in both the operation of the firm and the financial responsibility for its debts.

• Simplicity of legal setup procedures

• Advantages of Sole Proprietorships

Advantages of Partnerships

• متطلباتھا القانونیھ قلیلھ requirements legal Few -

• القدرة على تنمیتھا grow to Ability -

• اسھل في اقتراض المال money borrow to Easier -

• Partnership agreement is strictly a private document اتفاق الشركه هو وثيقه خاصه

Disadvatages of Partnerships

• مسؤولیة غیر محدودة liability Unlimited -

• - Lack of continuity مستمرة غیر

• - Difficulty in transferring ownership الملكیة نقل صعوبة

Limited partner

• partner who doesn’t share a firm’s management and is liable for its debts only.

• partner who actively manages a firm and who has unlimited liability for its debts.

• Form of ownership that sells shares to investors who receive profits and that pays taxes on income from profits.

General partner (active)

• partner who doesn’t share a firm’s management and is liable for its debts only.

• partner who actively manages a firm and who has unlimited liability for its debts

• Form of ownership that sells shares to investors who receive profits and that pays taxes on income from profits

Master Limited Partnership

• partner who doesn’t share a firm’s management and is liable for its debts only.

• partner who actively manages a firm and who has unlimited liability for its debts

• Form of ownership that sells shares to investors who receive profits and that pays taxes on income from profits

Corporation

• business that is legally considered an entity separate from its owners and is liable for its own debts.

• partner who doesn’t share a firm’s management and is liable for its debts only.

• Form of ownership that sells shares to investors who receive profits and that pays taxes on income from profits