Class Notes (1,100,000)
CA (620,000)
UTM (20,000)
MGM101H5 (300)
Lecture 4

MGM101H5 Lecture Notes - Lecture 4: Sole Proprietorship, Legal Personality, General Partnership


Department
Management
Course Code
MGM101H5
Professor
Dave Swanston
Lecture
4

Page:
of 3

Forms of Business Ownership
So, you want to start a business?



Forms of Ownership
 !"#$%!&%
o
  !'%
   
 '
'  
'(('
  
)' 

)  
)* '
 
)'  +
)'  
 
  ' 
)'  )
types of corporations
),
o-
,
. ,  ) 
how owners affect management
Corporate Governance
 )  
+
 )) 
/ 
) 
)! . % 
+
Sole Proprietorship (24%)
0 1
! % 
 
)
 
   

).) 
)
) 
)(
Partnership (4.5%)
   ,
(  
(  
( )    
  
' 
  ,
(  
(  
New forms of partnerships
 
o 
o 
  
Business regulations
  0 )

o'
   
o
/ 
+ )2) 
 
Mergers and Acquisitions
3
)
+

)!&4%
 
o )
Franchises
5  (6
 )(
/!
%)!%
!%)
.

 
  
  
.
 
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Co-operatives



.(7. 8