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Business Ownership?
Business Ownership?
"Individual or entity who owns a business entity in an
attempt to profit from the successful operations of the
company"
Sole Proprietorship
Owned and operated by
Types of Business
Types of Business
Ownership one person.
Ownership
Very few legal
requirements.
Partnerships
Group of 2 –20 people
legally agree to become
co-owners of a business. Company
Each partner contributes Private Limited Company
capital, takes part in the (Sdn. Bhd/ Ltd.)
running of business and Separate legal entity from owners
gets a share of the Shareholders are the owners: they
profits. buy the shares in company.
Partnership Agreement Shares sold to a small group of
were set out people, not through the stock
exchange.
Shareholders appoint directors to
run the company
Public Limited Company
(Berhad / PLC)
Suitable for very large business
Owned by private individuals :
not government owned.
Shares sold on the stock
exchange
