Lecture Week7
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Transcript of Lecture Week7
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7/25/2019 Lecture Week7
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Chapter Five Forms of Ownership
PART TWO:STARTING & GROWING
A SUCCSSFU!"USINSS
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Chapter !earnin# O$%etives
"asi Forms of "'siness Ownership
Franhises & Speia( Forms of Ownership
)er#ers & A*'isitions
Cop+ri#ht , -./0 Pearson 1'ation2 In3 P'$(ishin# as Prentie4a((
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"asi Forms of Ownership
Cop+ri#ht , -./0 Pearson 1'ation2 In3 P'$(ishin# as Prentie4a((
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So(e Proprietorships
"ene5ts 6o' an start 'p the $'siness with ease
6o' an ma7e a(( +o'r own 1eisions
6o' #et to 7eep a(( the pro5ts
6o'r ta8es are re(ative(+ simp(e 6o' an (ose the $'siness with ease
9raw$a7s 6o' have unlimited fnancial liability
6o' have (imite1 5nania( reso'res & few ringe benefts
6o' have (imite1 mana#ement reso'res
6o' wi(( $e investin# a (ot of time in the ompan+
)an+ $'sinesses en1 when the owner 1ies or retires
Cop+ri#ht , -./0 Pearson 1'ation2 In3 P'$(ishin# as Prentie4a((
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Partnerships
Fo'r T+pes Genera( !imite1
)aster !imite1 !imite1 !ia$i(it+
A1vanta#es ase of start 'p Inrease1 5nania(
reso'res
Inrease1 mana#ementreso'res
Ta8es are simp(e
9raw$a7s Persona(it+ or
partnership onits Un(imite1 (ia$i(it+ 4ar1 to en1 or pass
a(on# partnerships
5-5
Cop+ri#ht , -./0 Pearson 1'ation2 In3 P'$(ishin# as Prentie4a((
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Corporations
Cop+ri#ht , -./0 Pearson 1'ation2 In3 P'$(ishin# as Prentie4a((
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Corporations
A1vanta#es !itt(e or no (ia$i(it+
Possi$(e ta8 $rea7s
Inrease1 5nania( reso'res
)ore mana#eria( e8pertise
ase of se((in#
9raw$a7s !ots of start;'p paperwor7 an1 osts2 some on;#oin#
Can $e ta8e1 twie
Nee1 to p'$(i(+ 1is(ose 5nania( information
To'#h to en1 the orporation
Cop+ri#ht , -./0 Pearson 1'ation2 In3 P'$(ishin# as Prentie4a((
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Cooperatives
!imits the power of eah shareho(1er
!ess a$o't pro5t2 more a$o't provi1in# aservie
Over .. ompanies2
(i7e Ae 4ar1ware an1 S'n7ist
Shareho(1ers e(et their own $oar1 of1iretors
Cop+ri#ht , -./0 Pearson 1'ation2 In3 P'$(ishin# as Prentie4a((
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Franhises
A ranchiseis anarran#ement inwhih a $'siness
owner a((owsothers the ri#ht to'se its name an1se(( its #oo1s or
servies within aspei5#eo#raphia( area3
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Cop+ri#ht , -./0 Pearson 1'ation2 In3 P'$(ishin# as Prentie4a((
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Franhises "ene5ts & 9raw$a7s
"ene5ts of Franhisin# Own +o'r own $'siness
Start +o'r new enterprise with some name reo#nition
Fo((ow someone e(se?s proven form'(a for 1oin# $'siness
Reeive mar7etin# s'pport Reeive mana#ement an1 5nania( s'pport
9raw$a7s !ar#e initia( investment
Nee1 to share sa(es with franhisor C(ose mana#ement of franhisor
Potentia( onits with franhisor
Inate1 e8petations of ret'rn on investment
Cop+ri#ht , -./0 Pearson 1'ation2 In3 P'$(ishin# as Prentie4a((
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)er#ers an1 A*'isitions
4ow to Grow Interna( e8pansion
8terna( e8pansion
)er#er A*'isition
Wh+ )er#ers & A*'isitions O'r Short't to #rowth
)ana#ement ta(ent
Savin# mone+
Ta8 $ene5ts
Cop+ri#ht , -./0 Pearson 1'ation2 In3 P'$(ishin# as Prentie4a((
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)er#ers an1 A*'isitions
T+pes of strate#i mer#ers 4ori@onta(: same in1'str+2 same ativit+
ertia(: same in1'str+2 1iBerent ativities
Con#(omerate: 1iBerent in1'stries2 1iBerent ativities
Unfrien1(+ mer#ers 4osti(e ta7eovers
Ten1er oBer & Pro8+ 5#ht
White Dni#htsE & Poison pi((sE
"orrow & "'+ Strate#ies
!evera#e1 $'+o't
mp(o+ee $'+o't
Cop+ri#ht , -./0 Pearson 1'ation2 In3 P'$(ishin# as Prentie4a((
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!earnin# O$%etives S'mmar+
"asi Forms of "'siness Ownership
Franhisees
)er#ers & A*'isitions
Cop+ri#ht , -./0 Pearson 1'ation2 In3 P'$(ishin# as Prentie4a((
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Cop+ri#ht , -./0 Pearson 1'ation2 In3 P'$(ishin# as Prentie4a((
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