Types of Business ownership
Presentation
•
Business
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12th Grade
•
Practice Problem
•
Easy
Abdelrahman Adel
Used 31+ times
FREE Resource
7 Slides • 4 Questions
1
Business Ownership
2
sole proprietorship
The sole proprietorship is the simplest business form under which one can operate a business.
A sole proprietorship can operate under the name of its owner or it can do business under a fictitious name, such as Rafie’s coffeeshop
3
Open Ended
Mention examples of real life sole proprietorship businesses around you.
4
Discussion: Advantages and Disadvantages
what do you think are the advantages and disadvantages of A sole proprietorship business?
5
Open Ended
Discuss then answer: What are the advantages and disadvantages of a sole proprietorship business ? Mention examples
Use https://www.americanexpress.c om/en-us/business/trends-and-i nsights/articles/what-are-the-ad vantages-and-disadvantages-of- a-partnership/ as a reference for a formal answer.
6
7
partnership business
By definition, consists of two or more people who combine their resources to form a business and agree to share risks, profits and losses. Common partnership business examples include law firms, physician groups, real estate investment firms and accounting groups.
8
Open Ended
Discuss then answer:
What are the advantages and disadvantages of a partnership business ?
Use https://www.americanexpress.com/en-ca/business/trends-and-insights/articles/what-is-a-partnership-business/ for a reference.
9
PICK A SIDE
choose a side, if you are staring a business would you prefer it to be a sole proprietorship business or a partnership business?
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TEAM A: SOLE PROPRIETORSHIP TEAM B: PARTNERSHIP
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Open Ended
Team discussion
Why do you think your choice is better.
Only one response
Business Ownership
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