You are on page 1of 38

I N G A N D

E R STA N D
UN D E S S
A B U S IN
AN IZIN G
ORG By: Tea cher Liza
INTRODUCTION
It will be an exciting journey to explore the
world of businesses – the places where products
are made, services are provided, and dreams
turn into reality. Our focus will be on
understanding how businesses are organized, the
different types they come in, and the key
elements that make them thrive. So, buckle up as
we dive into the fascinating realm of
Understanding and Organizing a Business!
WHAT IS A BUSINESS?
A business is an organization or entity
engaged in commercial, industrial, or
professional activities with the aim of making
a profit.
Examples:
Local stores, online shops, restaurants, and
more.
WHY ORGANIZE A BUSINESS?
Efficient use of resources.
Achieving specific goals.
Providing goods or services to
customers.
Making a profit.
TYPES OF BUSINESSES
Sole Proprietorship: Owned by one
person.
Partnership: Owned by two or more
people.
Corporation: Owned by shareholders,
managed by a board of directors.
TYPES OF BUSINESSES
Sole Proprietorship: Owned by one
person.
Partnership: Owned by two or more
people.
Corporation: Owned by shareholders,
managed by a board of directors.
SOLE PROPRIETORSHIP
A Sole proprietorship is an
enterprise owned exclusively by one
natural person and in which there is
no legal distinction between the
owner and the business entity.
SOLE PROPRIETORSHIP
Advantages:
Full control for the owner.
Easy to start.
Direct profits.
Disadvantages:
Limited resources.
Limited expertise.
PARTNERSHIP
A partnership is an arrangement
between two or more people to
oversee business operations and
share its profits and liabilities. In a
general partnership company, all
members share both profits and
liabilities.
PARTNERSHIP
Advantages:
More resources and expertise.
Shared responsibilities.
Disadvantages:
Shared profits.
Potential conflicts between
partners.
CORPORATION
A corporation is a legal entity that is
separate and distinct from its owners.
Under the law, corporations possess many
of the same rights and responsibilities as
individuals. They can enter contracts,
loan and borrow money, sue and be sued,
hire employees, own assets, and pay taxes.
CORPORATION
Advantages:
Limited liability for shareholders.
Easier to raise capital.
Disadvantages:
Complex legal requirements.
Less control for shareholders.
ORGANIZATIONAL STRUCTURE
Defines how tasks are divided,
organized, and coordinated within a
company.

Hierarchical structure with positions


like CEO, managers, and employees.
KEY POSITIONS IN A BUSINESS
CEO (Chief Executive Officer): Top
leader.
Managers: Responsible for specific
departments.
Employees: Carry out day-to-day
tasks.
IMPORTANCE OF COMMUNICATION
Effective communication is crucial
for success.
Ensures everyone is on the same
page.
Encourages teamwork and
collaboration.
DECISION-MAKING
Importance of making informed
decisions.
Involvement of various levels of
management.
Balancing risks and rewards.
BUSINESS PLANNING
Developing a business plan:
Mission and vision.
Goals and objectives.
Strategies for achieving
goals.
RANDUM
MEMO

cher Liza
By: Tea
MEMORANDUM
The meaning of MEMO is a usually brief
written message or report : memorandum.
WHAT IS THE PURPOSE OF A
MEMO?
Memos are designed for official internal
communications of a business or organization.
They are often sent to an entire organization
but are also useful for informing a single
department, team, or smaller group of people.
Memos disperse necessary information using a
simple, easy-to-follow format.
WHEN TO WRITE A MEMO
You should write a memorandum when you need
to relay official business items efficiently.
The aim of your memo should be to inform,
bring attention to a problem, or answer a
question. The following purposes are suitable
for a memo:
WHEN TO WRITE A MEMO
broadcast internal changes
disseminate news
share an upcoming event
update public safety guidelines
raise awareness about an issue
address a problem
make a request
share project updates
HOW TO FORMAT A MEMO
If you are sending a memo via email, it should
be formatted as a PDF. This retains the style
you’ve applied to the document. Traditionally
memos use twelve-point font for the body and
fourteen- to sixteen-point font for the
headings. Keep the font and design simple.
A MEMO SHOULD INCLUDE THE
FOLLOWING.
Heading Context
To Call to action and
From task statement
Date Discussion
Subject Closing
Opening statement
A MEMO SHOULD INCLUDE THE
FOLLOWING.
Heading Context
To Call to action and task
From statement
Date Discussion
Closing
Subject
You also have the option to include
Opening statement attachments to support the message
you are conveying in your memo. If
your memo is more than one page, you
should have a summary to wrap up your
points.
WRITE A MEMO IN 8 STEPS

Memos should always be professional and polite—


regardless of the topic you’re introducing. Stay
focused on the facts and actionable plans. You
should not use emoji in business memos. Keep it
brief, direct, and clear and include only necessary
information.
WRITE A MEMO IN 8 STEPS

Memos should always be professional and polite—


regardless of the topic you’re introducing. Stay
focused on the facts and actionable plans. You
should not use emoji in business memos. Keep it
brief, direct, and clear and include only necessary
information.
WRITE A MEMO IN 8 STEPS
Memo

To: [Recipient's Name]

From: [Your Name]

Date: [Date]

Subject: [Brief description of the topic]


WRITE A MEMO IN 8 STEPS
Step 1: Introduction
Begin the memo with a clear and concise
introduction. State the purpose of the memo
and provide any necessary context. Make
sure to grab the reader's attention and set
the tone for the rest of the document.
WRITE A MEMO IN 8 STEPS
Step 2: Background Information
Provide relevant background information to
ensure the reader understands the context
of the memo. Include any necessary details,
facts, or history that will help the reader
grasp the subject matter more effectively.
WRITE A MEMO IN 8 STEPS
Step 3: Main Points
Outline the main points or key information
you want to convey. Present each point in a
logical and organized manner. Use bullet
points or numbered lists for clarity. Ensure
that each point directly relates to the
purpose of the memo.
WRITE A MEMO IN 8 STEPS
Step 4: Supporting Details
Offer supporting details, examples, or
evidence for each main point. This helps
strengthen your argument or presentation
of information. Include data, statistics,
quotes, or any other relevant information to
bolster your points.
WRITE A MEMO IN 8 STEPS
Step 5: Analysis or Discussion
If applicable, analyze the information
presented in the main points. Discuss the
implications, consequences, or potential
outcomes. This section allows you to delve
deeper into the subject and demonstrate a
thorough understanding.
WRITE A MEMO IN 8 STEPS
Step 6: Recommendations or Actions
Provide clear and actionable
recommendations or proposed actions based
on the information discussed. Ensure that
your recommendations align with the
purpose of the memo and are realistic and
achievable.
WRITE A MEMO IN 8 STEPS
Step 7: Conclusion
Summarize the key points, restate the
purpose of the memo, and conclude with a
strong and concise closing statement.
Emphasize any next steps or important
considerations for the reader.
WRITE A MEMO IN 8 STEPS
Step 8: Closing
End the memo with a professional closing,
such as expressing appreciation for the
reader's attention or indicating your
availability for further discussion. Include
any necessary contact information if the
reader needs clarification or has questions.
WRITE A MEMO IN 8 STEPS
Remember to keep the memo
concise, focusing on the most
essential information, and use
clear and professional language
throughout.
ACTIVITY
Be with your group and create a
MEMO base on your role play
scenario and follow the 8 steps on
how to write a MEMO.

You might also like