BUSINESS

Prepared and presented

by Pranob Halder
Bibliographical BUSINESS IS

Information making money by producing or buying and

selling products (such as goods and services)

MISSION
Businesses can be for-profit entities or they can
be non-profit organizations that operate to fulfill a
charitable mission or further a social cause.
Some types of
Business

SINGLE OWNERSHIP PARTNERSHIP JOINT STOCK COMPANY

one person contributes the the individual owner may Association of individuals,
original assets. One person wish to associate with more called shareholders
carries all liabilities. persons
 Single ADVANTAGES

Ownership 1. Easy to establish as it does not require to

complete and legal formality.

2. The simplicity of organization.

3. The expenses in starting the business are
minimal.

DISADVANTAGES

1. The owner is liable for all obligations and

debts of the business.
2. The business may not be successful if the
owner has limited money, lacks ability and
necessary experience to run the business.
3. Because of relatively unstable nature of the
business, it is difficult to raise capital for
expanding the business.
Partnership

General Duties of
Partners

(i)Be faithful to one another.

(ii)Render true accounts and full information about every thing that affects any
partner.
(iii)Co-operate and accommodate each other.
(iv)Have confidence in each other and better mutual understanding.
(v)Respect the views of one-another.
 KINDS OF PARTNERS

(I) ACTIVE PARTNERS

(II) SLEEPING PARTNERS

Business Detail Guidlines

Startup Process
Taking our company
to the next level
 Business Startup Process

An entrepreneur has to follow nine specific procedures and legal

steps to set up a business in Bangladesh. At the very first, the
entrepreneur has to apply to Registrar of Joint Stock Companies
and Firms (RJSC) for Name Clearance Certificate. After receiving
the certificate, the next step is to pay stamp duty at a Designated
Bank and again apply to RJSC for registration. Then the company
makes seal and open a bank account and then apply for trade
license to respective City Corporation or Municipal Corporations.
After completing all those procedures, the entrepreneur has to
approach to the National Board of Revenue (NBR) for receiving
TIN Certificate and registering with the Customs, Excise, and
VAT Commissionerate. Finally, the investor requires to apply to
the Bangladesh Investment Development Authority (BIDA) for
registration.
Investment Timeline

NAME CLEARANCE
CERTIFICATE FOR COMPANY MAKE A COMPANY SEAL

PAY STAMP DUTY AT A OPEN A BANK ACCOUNT

DESIGNATED BANK

REGISTER OBTAIN A TRADE LICENSE

Investment Timeline

OBTAIN A TAX IDENTIFICATION NUMBER

VAT REGISTRATION

REGISTRATION WITH THE BANGLADESH

INVESTMENT DEVELOPMENT AUTHORITY
What is
Ecommerce?

Prepared by
Pranob Halder
Ecommerce, or electronic commerce, refers to
transactions conducted via the internet. Every time
individuals and companies are buying or selling products
and services online they’re engaging in ecommerce. The
term ecommerce also encompasses other activities
including online auctions, internet banking, payment
gateways, and online ticketing
HOW MANY ECOMMERCE TRANSACTIONS ARE THERE WORLDWIDE?
STATISTICS SHOW THAT THERE WILL BE OVER 2,5 BILLION ONLINE CONSUMERS BY THE END OF
2020. TO PUT THINGS INTO PERSPECTIVE, WITH A GLOBAL POPULATION OF 7.7 BILLION PEOPLE,
THAT BASICALLY MEANS THAT 25% OF THE WORLD’S POPULATION IS MAKING ECOMMERCE
TRANSACTIONS.

HOW MUCH IS ECOMMERCE WORTH?

ECOMMERCE MADE AROUND $3.5 TRILLION IN SALES IN 2019, AND IT’S ANTICIPATED THAT THE
SECTOR WILL EXPERIENCE EVEN BIGGER GROWTH IN THE FUTURE.
RETAIL ECOMMERCE SALES WORLDWIDE.

IS ECOMMERCE STILL GROWING?

YOU BET IT IS! STUDIES ARE PROJECTING THAT ECOMMERCE WILL SEE A 265% GROWTH RATE IN
THE FUTURE FROM $1.3 TRILLION IN 2014 TO $4.9 TRILLION IN 2021.
HOW MANY ECOMMERCE SITES ARE THERE IN THE WORLD?
IT IS ESTIMATED THAT THERE ARE AROUND 24 MILLION ECOMMERCE SITES SELLING PRODUCTS
ONLINE IN 2020.

WHAT ARE THE BIGGEST ECOMMERCE COMPANIES?

THE BIGGEST ECOMMERCE COMPANY IS AMAZON, WITH AN ESTIMATED MARKET VALUE OF $993
BILLION IN 2019. THE BIGGEST PLAYER IN THE CHINESE MARKET IS ALIBABA, WHICH TAKES AROUND
56% OF THE MARKET SHARE.