requirements or better yet, help the company acquire funds via various strategies (Brigham, et al., 2014). B. Describe the organizational form a company might have as it evolves from a start up to a major corporation. List the advantages and disadvantages of each form. An individual can start any form of business; however, there are three distinct forms (a) sole proprietorship, (b) partnership, and (c) corporation. On the other hand, the partnership form limits the liability to other owners via
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and disadvantages of each form. The forms a company may have from the start up phase to a major corporation phase are as follows: The first step of a corporation’s existence maybe a standard business license as the company starts operating. This is normally controlled as a sole proprietorship. The advantages for this type of form are that: it is easily created and very inexpensive. This form is also subject to few government regulations and is taxed as personal income. The disadvantages include
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Kewal Kiran Clothing Ltd (KKCL), was incorporated in 1980 as a partnership firm,converted into a private limited in the year 2000. The business line consists of designing, manufacturing and marketing of apparels under its four brands i.e. Killer, Lawman Pg3, Integriti and Easies. Kewal kiran Clothing Limited (KKCL) today is amongst the few large branded apparel manufacturers in India. The company has sales in Asia, Middle East and CIS. The company designs, manufactures and markets branded jeans
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ISSUE MANAGER REPUTATION, UNDERPRICING LONGAND LONG-RUN PERFORMANCE OF INITIAL PUBLIC OFFERINGS: EVIDENCE FROM THE SINGAPORE IPO MARKET VOON PEIJUN (Bachelor of Business Administration (Hons), NUS) A THESIS SUBMITTED FOR THE DEGREE OF MASTERS OF SCIENCE (BUSINESS) DEPART DEPARTMENT OF FINANCE AND ACCOUNTING NATIONAL UNIVERSITY OF SINGAPORE 2009 ACKNOWLEDGEMENT I would like to express my warmest gratitude to Professor Michael Shih for his patient guidance and encouragement all this
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Case Seminar Advanced Corporate Finance Tuesday 10:00 – 13:00, Room 23 Instructor: Tim Adam This case seminar discusses real-world business cases, which relate to the materials covered in Corporate Finance and Advanced Corporate Finance. The main topics are company valuation, capital structure, bankruptcy, corporate governance, project finance and corporate risk management. The main objective of the seminar is to apply the theoretical concepts of corporate finance and corporate
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Proprietorships and Partnerships Advantages: Ease of formation Subject to few regulations No corporate income taxes Disadvantages: Limited life Difficult to transfer ownership Unlimited liability Difficult to raise capital 2-5 Corporation Advantages: Unlimited life Easy transfer of ownership Limited liability Ease of raising capital Disadvantages: Cost of formation and reporting Double (or triple) taxation for investor-owned corporations 2-6 Hybrid Forms of Organization
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shareholders in the form of dividends, and whether it makes sense to merge with firms or other companies. b. Describe the organizational forms a company might have as it evolves from a start-up to a major corporation. List the advantages and disadvantages of each form. • A proprietorship, or sole proprietorship, is a business owned by one individual. A partnership exists when two or more persons associate to conduct a business. • While a corporation is a legal entity created by a state
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Mumbai to learn about the Dabbawala system. Background Summary Business Description A dabbawala is a person in India, most commonly found in the city of Mumbai, whose job is to carry and deliver freshly in lunch boxes to office workers. History and IPO date This service originated in 1880. In 1890, Mahadeo Havaji Bachche and Ananth Mandra Reddy started a lunch delivery service with about 100 men. In 1930, he informally attempted to unionize the dabbawallas. Later a charitable trust was registered
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unincorporated business owned by one individual. The three advantages are easily and inexpensively form, subject to few government regulations, and income is not subject to corporate taxation but taxed as part of the proprietor’s personal income. The three disadvantages are difficult for a proprietorship to obtain capital for growth, proprietor has unlimited personal liability for business’s debts, which can result in losses that may exceed money invested in company, and life of proprietorship is limited to life
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to start, minimal government regulations, not subjected to corporate taxation ii. Disadvantages: difficult to acquire capital for growth, unlimited liability for debt on sole proprietor, life of proprietorship limited to founder’s lifespan 2) Partnership – more than one owner conduct noncorporate business together iii. Advantages: same as proprietorship iv. Disadvantages: same as proprietorship except that partners can lose all of their personal assets because
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