Types of organizations by Nadia Salmon Echanique https://padlet.com/nsalmone/bgcf1gpw620jlo79 Main features of for profit and non profit organizations en-us 2020-06-09 00:41:36 UTC 2023-09-21 23:28:37 UTC hello@padlet.com Profit-based (commercial organizations) nsalmone https://padlet.com/nsalmone/bgcf1gpw620jlo79/wish/617889769 Sole traders, partnerships, companies or corporations, for-proft social enterprises, cooperatives, micro-financers and public-private partnerships (PPPs).

The common feature of all of these types of business is that one of their
aims is to generate proft. The profts a business receives can be shown
by the following formula:

PROFITS = TOTAL REVENUES - TOTAL COSTS
]]> 2020-06-09 00:52:33 UTC https://padlet.com/nsalmone/bgcf1gpw620jlo79/wish/617889769 Companies or corporations nsalmone https://padlet.com/nsalmone/bgcf1gpw620jlo79/wish/617913754
  • INC - Incorporated (USA/Canada)
  • LLC - Limited Liability Company (United States)
  • PLC - Private or Public Limited Company (UK)
  • PTE - Private Limited Company (UK)
  • LTD - Limited Company (various)
  • SA - Sociedad Annima (Latin America except Brazil and Mexico)
    • ]]>     2020-06-09 01:18:06 UTC https://padlet.com/nsalmone/bgcf1gpw620jlo79/wish/617913754     Companies or corporations nsalmone https://padlet.com/nsalmone/bgcf1gpw620jlo79/wish/617925555 INC - Incorporated (USA/Canada)
    LLC - Limited Liability Company (United States)
    PLC - Private or Public Limited Company (UK)
    PTE - Private Limited Company (UK)
    LTD - Limited Company (various)
    SA - Sociedad Anonima (Latin America except Brazil and Mexico)]]>     2020-06-09 01:31:46 UTC https://padlet.com/nsalmone/bgcf1gpw620jlo79/wish/617925555     Shareholders nsalmone https://padlet.com/nsalmone/bgcf1gpw620jlo79/wish/617934498 BENEFITS
    • Price
    • Dividends
    • Limited liability

    LIMITATIONS
    • Price
    • Dividends
    • Decision making
    ]]>     2020-06-09 01:41:55 UTC https://padlet.com/nsalmone/bgcf1gpw620jlo79/wish/617934498     When a business reorganizes as a company: nsalmone https://padlet.com/nsalmone/bgcf1gpw620jlo79/wish/618060448
  • private limited company
  • public limited company - "the company is going public"
    • ]]>     2020-06-09 04:20:02 UTC https://padlet.com/nsalmone/bgcf1gpw620jlo79/wish/618060448     For-proft social enterprises nsalmone https://padlet.com/nsalmone/bgcf1gpw620jlo79/wish/618077273
  • Business that has a social purpose aiming to improve human, social, or environmental well-being. 
  • The social aim nevertheless takes priority over any other aim such as growth, maximizing sales, or making profits. 
  • For-profit social enterprise can be: sole trader, partnership, or company.
  • Types: Cooperatives, Micro-financiers and PPP.
    • ]]>     2020-06-09 04:37:59 UTC https://padlet.com/nsalmone/bgcf1gpw620jlo79/wish/618077273     Cooperative nsalmone https://padlet.com/nsalmone/bgcf1gpw620jlo79/wish/618083489
  • Financial cooperative
  • Housing cooperative
  • Worker's cooperative
  • Producer cooperative
  • Consumer cooperative
    • ]]>     2020-06-09 04:44:35 UTC https://padlet.com/nsalmone/bgcf1gpw620jlo79/wish/618083489     Non-proft social enterprises nsalmone https://padlet.com/nsalmone/bgcf1gpw620jlo79/wish/618095126 The main aim is for a social purpose but they do not aim to make any
    profts whatsoever. Social enterprises are run as businesses, they generate surpluses rather than profits.

    A surplus is similar to a profit. However, rather than be distributed to the owners of the business, the surplus is used to advance the social purpose for which the business was set up.

    SURPLUS = TOTAL REVENUES  TOTAL COSTS]]>     2020-06-09 04:57:24 UTC https://padlet.com/nsalmone/bgcf1gpw620jlo79/wish/618095126     NPO categories nsalmone https://padlet.com/nsalmone/bgcf1gpw620jlo79/wish/618133101 Non-governmental organizations (NGOs)
    The aim of these various social enterprises is to support a cause that is considered socially desirable.

    Charities
    Specific form of NGO whose aim is to provide as much relief as possible for those in need. Charities differ from other NGOs in
    that their focus is on philanthropy and a desire to help those who cannot help themselves.    ]]>     2020-06-09 05:34:18 UTC https://padlet.com/nsalmone/bgcf1gpw620jlo79/wish/618133101