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Cash flow Founder Story
Balance Sheet Organizational

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Mission Statement Description
Personnel
Ownership Opportunities
Budget
Key Resources Threates
Product
Development
 STRUCTURE MEMBERSHIP
01 Sole Proprietorship: An individual
04
doing his own business
Lorem ipsum dolor sit amet,
Partnership: Two or more people consectetur adipiscing elit.
doing business for profit. Suspendisse in mi sed velit lacinia
Company: A legal entity separate vulputate. Vestibulum dignissim
from it's members mollis ipsum sed pellentesque.

02 FORMATION
Business MANAGEMEN
T
05
Lorem ipsum dolor sit amet,
consectetur adipiscing elit. organization Lorem ipsum dolor sit amet,
consectetur adipiscing elit.
Suspendisse in mi sed velit lacinia Suspendisse in mi sed velit lacinia
vulputate. Vestibulum dignissim vulputate. Vestibulum dignissim
mollis ipsum sed pellentesque. mollis ipsum sed pellentesque.

BORROWING
03 REGISTRATION
POWER 06
Lorem ipsum dolor sit amet, Lorem ipsum dolor sit amet,
consectetur adipiscing elit. consectetur adipiscing elit.
Suspendisse in mi sed velit lacinia Suspendisse in mi sed velit lacinia
vulputate. Vestibulum dignissim vulputate. Vestibulum dignissim
mollis ipsum sed pellentesque. mollis ipsum sed pellentesque.
 Sole Proprietorship: An
individual doing his own
business
Partnership: Two or more
people doing business for
profit.
STRUCTURE Company: A legal entity
separate from it's members
Sole Proprietorship: No need
to be formed in writing
Partnership: Can be formed
orally or in writing
Company: Must be formed in
writing, through a Sole Proprietorship: The sole
Memorandum and Articles of proprietor owns and manages the
Association business himself
MANAGEMENT Partnership: Partners are agents of
the partnership and are generally
FORMATION entitled to manage the partnership
firm
Company: Company members are
not its managers (directors) or
agents
Sole Proprietorship: Must be registered
under the Registration of Business Act
1956 REGISTRATION THE
Partnership: Must be registered with the DIFFERENCES
SSM under the Registration of Business
BETWEEN THREE BORROWING Sole Proprietorship: Unrestricted
Act 1956 borrowing powers
Company: Must be registered with the MAIN TYPES OF POWER
SSM under the Companies Act 1956 BUSINESS Partnership: Unrestricted borrowing
ORGANIZATION powers - cannot create a floating
IN MALAYSIA charge.
Company: Limited in borrowing, only
for the purpose of its objective as
Sole Proprietorship: There is only stated in its Memorandum of
one person. Association -has more avenues to
Partnership: A maximum of 20
partners, unless it is a professional
MEMBERSHIP LIABILITY borrow funds.
firm
Company: No maximum number,
unless it is a private company (50
members)
Sole Proprietorship: Unlimited liability
for the business debts
Partnership: Unlimited liability for the
TRANSFER OF PERPETUAL business debts
DISSOLUTION Company: Company members are
SHARES SUCCESSION not liable for the company's debts
once they hold fully paid company
shares.

Sole Proprietorship: Can be Partnership: no person may be Partnership: dissolved in the

dissolved informally
Partnership: Can be dissolved
informally
Company: There must be a formal
procedure, winding up and
liquidation, in dissolving the
company
introduced to be a partner without
the consent of all existing
members.
Company: a member is entitled to
transfer his shares in the company
to anyone he wishes.
event of the death or bankruptcy
of any partner.
Company: may only be
destroyed by a process of the
law.