Introduction to Business -3

8/10/2019 Introduction to Business -3

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(UGC & Govt. Approved)

WORLD UNIVERSITY O F B A N G L A D ES H

INTRODUCTION TO BUSINESSBy Rad! "#$to%a ''

2. Explain two disadvantages of partnership

!nli"ited lia#ilit$%

Ea*+ ,e-era part-er / a%e !or a part-er/+p0/ de%t/. S#ppo/e $a*1 a-d 20/ part-er/+p

!a/ 3t+ o#t/ta-d-, %/ o! 4567666.t+/ a8o#-t 8#/t %e pad %y /o8eo-e. I! $a*1 a*1/ t+e

per/o-a a//et/ to pay t+e de%t a-d 2 +a/ t+e 8o-ey. S+e +a/ to pay o9 t+e de%t/. T+/ /

o-e rea/o- !or *+oo/-, part-er/ *are!#y.

&otential disagree"ents%

De*/o-/ 8ade %y /evera peope are o!te- %etter t+a- t+o/e 8ade %y o-e. :o3ever7 +av-,

t3o or 8ore peope de*d-, o- t+e /a8e a/pe*t o! t+e %#/-e// *a- %e da-,ero#/. ;o3er

a-d a#t+orty are dvded a-d t+e part-er/ 3 -ot a3ay/ a,ree 3t+ ea*+ ot+er. A/ a re/#t7

poor de*/o-/ 8ay %e 8ade. A/o7 de*/o- 8a1-, %e*o8e/ 8ore t8e *o-/#8-, %e*a#/e

a,ree8e-t 8#/t %e rea*+ed %e!ore a*to- *a- %e ta1e-.

'. Explain two #ene(ts to a sole trader of )onverting to private li"ited

)o"pan$ stat*s

Li"ited lia#ilit$%

I! a /oe trader *o-verted to prvate 8ted *o8pa-y7 t+e 8a- 8porta-*e / t+at t+ere 3

%e 8ted a%ty.t 8ea-/ t+at ! t+e *o8pa-y !aed 3t+ de%t/ o3-, to *redtor/7 t+e

o3-er/ *o#d -ot %e !or*ed to /e +/ po/to-/ to /ette t+e de%t/. A/o7 8ted a%ty

e-*o#ra,e/ peope to %#y /+are/7 1-o3-, t+at t+e a8o#-t t+ey pay / t+e 8a


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It / 8porta-t t+at t+e peope a-d ot+er %#/-e// t+at dea 3t+ a prvate 8ted *o8pa-y

1-o3 t+at / -ot a /oe trader or part-er/+p. Credtor/ !or e. So8e *o8pa-y doe/-0t provde /erv*e

- o*a /oated area/.

. Wor1/ !or every%ody . Wor1/ !or 8ted -#8%er o! peope

?. Wor1/ !or peope 3t+ o3 pro=t 8otve ?. "o/t o! t+e prvate *o8pa-e/ 3or1 !or

pro=t.

2 - A/!F AHED


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,A? == == = == = == = == = == = == = == = == = == = == = == = ==

AD1AN6AGE%

T+ere 3 %e !e3 e,a re,#ato-/ !or o3-er to 3orry a%o#t 3+e- +e /et #p t+e %#/-e//.

D@SAD1AN6AGE%

T+ere 3 %e -o o-e to d/*#// %#/-e// 8atter/.

>B? == == = == = == = == = == = == = == = == = == = == = == = ==

One advantage of to" to r*n a fran)hise%

G*idan)e%

A/ to8 /+a+ / -e3 to t+e %#/-e//7 +e -eed/ /o8e ,#da-*e a-d a ,ar-, 3ea1-e// - /8a%#/-e// / t+e a*1 o! 8a-a,era a%ty. A per/o- 3t+ 8ted 8a-a,era /1/ 8ay %e a%e

to ,et %y - a ar,e or,a-ato- %e*a#/e +e or /+e $#/t o-e o! 8a-y 8a-a,er/. "a-y

!ra-*+/or/ try to over*o8e 8a-a,era de=*e-*e/ or -e


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T+e %oard dre*tor/ +a/ t+e d#ty o! +r-, pro!e//o-a 8a-a,er/.a/ t+e 8a- TV /erv*e

operated a/ a p#%* *orporato-./o t+ere 3 %e /1ed 8a-a,e8e-t tea8./o7 t+ey *a- 8a1e

8porta-t pro,ra88er/ 3t+ ,reat de

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Introduction to Business -3