CITY OF MALABON UNIVERSITY

Pampano Cor. Maya-Maya St. Longos, Malabon City

Name: Elycka Aura J. Gopio Prof.: Donna Tumala

Course & Sec.: BSBAMM 1F

ACTIVITY #1
1.
a) The form of business he did put up is Sole Proprietorship.
b) It is a type of business operation called Service Business.

2.
a) Partnership is the form of business organization that they put up, and the type of business
operation is Service Business.
b) There are institutions that helps entrepreneurs who lack personal resources or funds. They
can seek for help in the following:
 Land Bank of the Philippines
 BPI’s Micro Finance Program called “BPI’s Globe Banko”
 Philippine National Bank
c) They can also use Corporation as their form of business organization.
Advantages:
 The highest level of protection would be offer and provided, as all owners would
have limited liability.
 There are tax benefits or tax rates would be potentially lower.
 Through the sale of stock, Capital is easier to increase.
 Business security and continuity.
 Stockholders are not liable for corporate debts.

3.

Sole Proprietorship Partnership Corporation

1. ✓
2. ✓
3. ✓
4. ✓
5. ✓
6. ✓
7. ✓ ✓
4.
a) Customer
b) Government
c) Creditor
d) Manager
e) Investor