joint-stock company‚ limited liability company‚ partnership‚ and sole proprietorship. These forms of a business organization were started to help business owners with valuable support to make them profitable and successful. The first form of a business organization is a joint-stock company. Joint-stock companies are comprised of entrepreneurs that will raise the company’s wealth by selling stock shares to investors. There are investors that like to invest their money into numerous companies. They do
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profits and losses of a business carried on by all of them or any of them acting for all‚ on a pre agreed profit sharing ratio. The main types of partnerships are general partnership‚ limited partnership and Joint venture. General Partnership is a partnership in which all the partners share equal responsibilities and liabilities in the partnership firm/company. The main characteristic of general partnership is the unlimited liability of the partners. Each partner is personally liable for the debts
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Alteration in Memorandum of Association Corporate law and Islamic ethics Tables of contents Memorandum of association 2 by Memorandum of company limited shares:- 3 Memorandum of a company limited by guarantee:- 3 Memorandum of unlimited company:- 5 Printing‚ signature‚ etc.‚ of memorandum:- 5 GENERAL REQUIREMENTS 8 REASONS FOR MAKING ALTERATION IN MEMORANDUM OF ASSOCIATION. 8 EXAMPLE: 9 PROCEDURE OF AMENDMENT IN MEMORANDUM OF ASSOCIATION. 10 Check List of Documents required to be submitted
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marched into newer heights of popularity and accomplishments in the past more than two decades of its inspection. The company was founded by Malik Muhammad Javaid Iqbal in 1988 as a sole proprietorship concern led its fast growth with dynamism to make it a private limited company in 2004. Ever since‚ the world of possibilities has never stopped coming around for the company. Dynamic Success From a small business to a dynamic enterprise‚ Sika Paint Industries has consistently set foot through
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Introduction of Company Nishat Mills Limited is a public Limited Company incorporated in Pakistan under the Companies Act‚ 1913(Now Companies Ordinance‚ 1984) and listed on Stock Exchanges in Pakistan‚ vertically integrated textile company which is largest textile exporter for Pakistan. Nishat Mills Limited ("Nishat") is a public company incorporated in Pakistan and listed on all three Pakistani stock exchanges. Nishat is engaged in textile manufacturing. Which involves spinning‚ combing‚ weaving
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Company history Sika paint industries (Pvt) along with its brand name “sparco paint” were found by Malik Muhammad Javed Iqbal in 1988 on sole proprietorship concern. The company changed into private limited company in 2004 and still making progress. Sika is making major progress since that time and making the progress with generation of good customer relation and generating international customers for the product. The company is also done a good job in term of having good market share nationally
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There are distinct advantages and disadvantages of each of these structures. When looking at forming any of these you must first look at who will be forming these. 1. Sole proprietorships; Individuals and small companies are better suited for sole proprietorships. There are several reasons why this is. a. Few business requirements b. Little or no cost to form. c. Tax advantages‚ can be claimed on your 1040 d. Single decision maker There are however some disadvantages of this structure such
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Chapter 1 Case The McGee Cake Company Q1: What are the advantages and disadvantages of changing the company organization from a sole proprietorship to an LLC? Since the company’s inception‚ the McGee’s have operated The McGee Cake Company as a sole proprietorship which has provided them with several key advantages. The first among these advantages is the relative ease with which the McGee’s likely experienced in starting their business where essentially they were only required
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03 Company profile 04 Product profile 05 Market status 06 Business level strategy 06 Impact of strategies 07 Profit‚ productivity‚ sales turnover 09 Sowt analysis 09 Possible measure improve performance 10 History Marico Bangladesh Limited (hereinafter referred to as “MBL”/”Marico”/”the company”) is a public limited company incorporated in Bangladesh on 6 September 1999. The company was incorporated under the Companies Act 1994
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PAMANTASAN NG LUNGSOD NG MAYNILA (University of the City of Manila) Intramuros‚ Manila GRADUATE SCHOOL OF MANAGEMENT BUSINESS POLICY (FORMS OF BUSINESS ORGANIZATION) Submitted by: MORESCO‚ MICAH RUTH S. Submitted to: DR. HONORATA PAGADUAN A business is an organization that uses economic resources or input to provide goods or services to customers in exchange for money or other goods and services. After deciding to start a business‚ one of the most important issues is the form
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