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Types of Business Organizations and Legal Structures

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Added on  2023-01-19

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This presentation provides an overview of different types of business organizations in both private and public sectors, including sole proprietorship, partnership firm, limited company, and limited liability partnership (LLP). It discusses the advantages and disadvantages of each legal structure and explains how these organizations are managed and funded. The presentation also touches upon social enterprises and public corporations. References are provided at the end.

Types of Business Organizations and Legal Structures

   Added on 2023-01-19

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Business Law
(Task-2)
Types of Business Organizations and Legal Structures_1
Content
Introduction
Different types of business organizations in both private and public
sector
Advantage and disadvantage of different legal structure
Explain how the business organizations are managed and funded
Conclusion
References
Types of Business Organizations and Legal Structures_2
Introduction
There are different types of business organisation which have different
nature of performing the business activities. These includes private,
public etc. having different merits and demerits. It is the choice of
investor that in which sector they want to invest there capital for
conducting the business activities.
Types of Business Organizations and Legal Structures_3
Different types of business organizations in
both private and public sector
Sole proprietorship- It is an
unincorporated business owned and
managed by a single person who is
termed as sole proprietor or sole
trader. The law does not distinguish
between the entity and the owner.
This means that there is no
requirement of registration.
Types of Business Organizations and Legal Structures_4

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