Forms of Business Organizations

Management > General Management > Forms of Business Organizations

Sole Proprietorship and Joint Hindu Family Business

Sole Proprietorship

  • Features of Sole Proprietorship
  • Merits of Sole Proprietorship
  • Demerits of Sole Proprietorship

Joint Hindu Family Business (HUF)

  • Features of Joint Hindu Family Business
  • Merits of Joint Hindu Family Business
  • Demerits of Joint Hindu Family Business

Partnership

Partnership

  • Features of Partnership
  • Merits of Partnership
  • Demerits of Partnership

Types of Partners

  • Active or Managing Partner
  • Sleeping or Dormant Partner
  • Secret Partner
  • Nominal Partner
  • Partner by Estoppel or Holding Out
  • Minor Partner
  • Outgoing Partner

Types of Partnerships

  • Partnership at Will
  • Partnership for Fixed Term
  • Particular Partnership
  • General Partnership
  • Limited Partnership
  • Limited Liability Partnership

Rights of Partner

  • Right to participate in business
  • Right to be Consulted
  • Right to Inspect Books of Accounts
  • Right to Share Profit
  • Right to Oppose Entry of New Partner
  • Right to Get Interest on Capital
  • Right to Get Indemnified
  • Right to Get Remuneration
  • Right to Get Interest on Advances
  • Right to Retire
  • Right not to be Expelled
  • Right of Outgoing Partner to Carry on a Competing Business
  • Right of Outgoing Partner to Share Subsequent Profits
  • Right to Dissolve the Firm
  • Right to the Use of the Partnership Property
  • Right to Have No Liability before Joining the Firm
  • Power in an Emergency

Cooperative Society

Cooperative Society

  • Features of Cooperative Society
  • Merits of Cooperative Society
  • Demerits of Cooperative Society

Types of Cooperative Societies

  • Consumer’s Cooperative Societies
  • Producer’s Cooperative Societies
  • Marketing Cooperative Societies
  • Farmer’s Cooperative Societies
  • Credit Cooperative Societies
  • Cooperative Housing Societies

Joint Stock Companies

Private Limited Company

  • Meaning of Private Company
  • Characteristics of Private Company
  • Limitations of Private Company

Public Limited Company

Management > General Management > Forms of Business Organizations