Business Ownership by qishy https://padlet.com/qistina_99/8evo8okx4rnc en-us 2018-01-21 05:12:32 UTC 2026-03-12 09:56:27 UTC hello@padlet.com fact qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223063314 2018-01-21 05:14:38 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223063314 Factor qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223063315 2018-01-21 05:14:39 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223063315 Factor In Selecting A Business Ownership qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223063316 2018-01-21 05:14:39 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223063316 Capital qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223063333 1) The main Element that determines the type of business one should venture in is capital 
2) If the individual posseses a small amount of capital, he should venture in sole proprietorship instead of a company . This is because the cost of forming a company is relatively high.
3)Capital also determines the probability of an individual obtaining credit or loans from external sources.
4)Most debtors are willing to grant loans to the company because there is guaranteed agreement when the loans is approved.
5)Companies ledge their own assets as collateral on the given loans  

]]> 2018-01-21 05:15:04 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223063333 Personal Assets qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223063611 1) Have to be taken into account when selecting the kind of business one wants to venture in.
2) Personal assets are liable to the creditor if losses are incurred either in a sole proprietorship 
3) Meanwhile in companies, there is a seperate entity between the shareholders property and members of the boards and the company 
4) These assets will not be affected although the company incurs losses. In other word, all losses will borne by the company ]]> 2018-01-21 05:23:51 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223063611 Span Of Control qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223063853 1) If an individual wants to have a bigger span of control and authority, sole proprietorship is the best form of ownership. In a partnership, the span of control is shared among of partners 
2) In a company, the person who is responsible for initiating the business will not necessarily be the director of the company throughout his lifetime.
3) Sole proprietorship has full power and authority in carrying out his business.]]> 2018-01-21 05:32:42 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223063853 Sharing Of Information qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223064087 1)  If an individual decides not to share informaton with his counterparts, it is advisable for him to form a sole proprietorship. This is because in partnership and the company or creditors.
2) For example, if an individual A has capital of Rm8,000 and decides not to have partners, and is not willing to share information on business operations with anyone, its is advisable for him to form a sole proprietorship instead of a partnership or a company as his characteristics is  inclined towards a sole proprietorship.
 ]]> 2018-01-21 05:38:21 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223064087 Types Of Business Ownership qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223064457 2018-01-21 05:50:37 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223064457 Sole Proprietorship qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223064945 simplest and most common business structure and commonly used by the a new business. Form by the Business Registration Act 1956 ( Amendment 1978) and the Procedures of Business Registration 1957. This also known as a sole trader and it own by individual. also can have a large number of employees.
Example, tailors, beauty saloons, restaurants, and mini markets. only Malaysia citizens who are permanent residents can register a business as a sole propritoe]]> 2018-01-21 06:01:53 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223064945 Partnership qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223065455 Formed under the Business Registeration Act 1956 (Amendment 1978) and the rpocedures of Business Registaration 1956. Own by atleast two or more indivduals but not exceeding 20 people.  The owners of the business are called partners. this firms always recommended to prepare agreement on the articles of partnership. 
Types of partnership :
1) General partnership
2) Limited partnership]]> 2018-01-21 06:12:05 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223065455 Company qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223065790 Companies are registered as legal entities and are formed by several individual who own property, draw contracts and employ people. All companies in Malaysia are governed by the Companies Art 2016. There are two types of companies limited by share which are : 
1) private limited companies 
2) public limited companies ]]> 2018-01-21 06:21:26 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223065790 Advantages of A Sole Proprietorship qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066000 2018-01-21 06:28:22 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066000 Ease of formation qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066047 2018-01-21 06:29:10 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066047 Total Independent in decision-making qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066058 2018-01-21 06:29:29 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066058 Retaining all business profits qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066062 2018-01-21 06:29:45 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066062 No Requirement for authorization and disclosures of financial reports qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066090 2018-01-21 06:30:40 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066090 Tax benefits qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066115 2018-01-21 06:31:42 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066115 Confidentiality qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066128 2018-01-21 06:32:09 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066128 Fewer Legal Restricions qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066136 2018-01-21 06:32:28 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066136 Disadvantages Of A Sole Proprietorship qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066264 2018-01-21 06:36:25 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066264 Unlimited liability qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066308 2018-01-21 06:38:01 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066308 Lack of Continuity qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066382 2018-01-21 06:39:32 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066382 Lack of Experience and ability qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066448 2018-01-21 06:41:29 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066448 Incurs all losses qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066457 2018-01-21 06:41:53 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066457 Difficulty in Raising Capital qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066463 2018-01-21 06:42:06 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066463 Limited Skills qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066477 2018-01-21 06:42:27 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066477 Long Working Hours qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066486 2018-01-21 06:42:43 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066486 Relative difficulty in obtaining long-term financing qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066499 2018-01-21 06:42:59 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066499 Advantages Of Partnership qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066630 2018-01-21 06:45:21 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066630 Increase in resources for capital qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066635 2018-01-21 06:45:29 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066635 Distribution and sharing of business risks qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066783 2018-01-21 06:45:56 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066783 Direct Rewards qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066992 2018-01-21 06:46:20 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223066992 Taxation Advantage qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067067 2018-01-21 06:46:31 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067067 Combined Talents And A Business Acumen qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067142 2018-01-21 06:46:45 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067142 Ease of Formation qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067262 2018-01-21 06:47:10 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067262 Ability to Speacilize qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067273 2018-01-21 06:47:24 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067273 Disadvantages of Partnership qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067332 2018-01-21 06:48:57 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067332 Unlimited Liability qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067342 2018-01-21 06:49:21 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067342 Limited Life Span qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067346 2018-01-21 06:49:29 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067346 Lack of Continuity qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067353 2018-01-21 06:49:40 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067353 Shared Profits qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067380 2018-01-21 06:50:20 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067380 Shared Control qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067390 2018-01-21 06:50:30 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067390 Conflict qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067394 2018-01-21 06:50:36 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067394 Advantages Of A Pivate Company qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067466 2018-01-21 06:52:00 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067466 Limited Liability qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067533 2018-01-21 06:53:49 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067533 Perpetual Life qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067545 2018-01-21 06:54:03 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067545 Attaracting skilled employees qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067560 2018-01-21 06:54:25 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067560 Ease of Expansion qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067567 2018-01-21 06:54:42 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067567 Independent Of the members and shareholders qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067581 2018-01-21 06:55:12 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067581 Ease Of Raising Capital qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067605 2018-01-21 06:55:44 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067605 Disadvantages Of A Private Limited Company qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067729 2018-01-21 06:58:35 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067729 High Set Up Costs qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067762 2018-01-21 06:59:12 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067762 High Taxation qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067775 2018-01-21 06:59:35 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067775 Limited Membership qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067785 2018-01-21 06:59:47 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067785 Lack Of Freedom in the transfer of ownership qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067794 2018-01-21 07:00:03 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067794 Regulations qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067826 2018-01-21 07:00:45 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223067826 Advantages Of A Public Limited Company qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068317 2018-01-21 07:10:52 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068317 Limited Liability qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068367 2018-01-21 07:11:55 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068367 Perpetual Life qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068383 2018-01-21 07:12:14 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068383 Transfer Of Ownership qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068387 2018-01-21 07:12:23 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068387 Ease Of Expansion qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068400 2018-01-21 07:12:39 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068400 Economies Of Scale qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068422 2018-01-21 07:13:00 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068422 Relative ease of securing capital in large amounts qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068444 2018-01-21 07:13:16 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068444 Increase in ability and expertise qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068610 2018-01-21 07:16:43 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068610 Disadvatange Of A Public Limited Company qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068745 2018-01-21 07:19:07 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068745 High Set Up Costs qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068864 2018-01-21 07:20:18 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068864 High Taxation qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068896 2018-01-21 07:20:43 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068896 Agency Problems qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068900 2018-01-21 07:20:52 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068900 Regulations qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068916 2018-01-21 07:21:15 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068916 Restriction Of Activities qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068936 2018-01-21 07:21:49 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068936 Financial Disclosure qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068980 2018-01-21 07:22:08 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223068980 Registration Procedures Of Business Ownerships qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069072 ( A Sole Proprietorship )]]> 2018-01-21 07:25:09 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069072 Approved name of the business to be registered qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069125 2018-01-21 07:26:37 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069125 Registration Of Business qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069157 2018-01-21 07:27:30 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069157 Preparation and sending document qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069225 2018-01-21 07:28:13 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069225 Certificates of Approval qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069241 2018-01-21 07:28:29 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069241 Renewing qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069356 2018-01-21 07:30:42 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069356 Business Registration qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069423 2018-01-21 07:31:46 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069423 Notifications of changes in business registration qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069440 2018-01-21 07:32:10 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069440 Notice Of Termination qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069487 2018-01-21 07:33:04 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069487 Registration of Partnership qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069630 2018-01-21 07:35:50 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069630 Approved name of the business to be registered qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069705 2018-01-21 07:36:57 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069705 Registration Of Business qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069716 2018-01-21 07:37:20 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069716 Prearation and sending the document qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069731 2018-01-21 07:37:32 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069731 Certificated of Approval qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069835 2018-01-21 07:40:03 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069835 Renewing Business Registration qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069839 2018-01-21 07:40:09 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069839 Notification of changes in Business Registration qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069847 2018-01-21 07:40:21 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069847 Notice of Termination qistina_99 https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069914 2018-01-21 07:42:10 UTC https://padlet.com/qistina_99/8evo8okx4rnc/wish/223069914