HOW DO YOU

ORGANIZE AND MANAGE

YOUR
BUSINESS?
As an initial step to forming a business, entrepreneurs must
determine the type of business organization, through which,
their business will operate.
 TYPES OF BUSINESS

Sole Proprietorship
is the most basic type of
business organization in the
country, in which, an individual
personally owns the business.
Sole proprietors can taking out loans raise capital by
to support the business.
A sole proprietorship is the easiest type of business to establish
or take apart, due to a lack of government regulation. As such,
these types of businesses are very popular among sole owners of
businesses, individual self-contractors, and consultants.
 SOLE PROPRIETORSHIP

ADVANTAGES DISADVANTAGES
- Easy to set up - Unlimited liability
- Controlled by - Difficult to raise
owner capital
- Tax incentives
PARTNERSHIP
is formed when two or more persons bind themselves
to contribute money, property, or
industry to a common fund, with the intention of
dividing the profits and ownership among themselves.

-Registration of partnerships is under the Securities

and Exchange Commission (SEC).
Partners jointly It depends on the raise capital for
the business and agree on contribution and sharing.
 PARTNERSHIP

ADVANTAGES DISADVANTAGES
- Easy to set up - Unlimited liability
- More resources - Difficult to raise
- Tax advantages capital
- Responsible for
partner decision
 PARTNERSHIP
There are two classifications of partnership in the
Philippines: general partnership and limited
partnership. In a general partnership business
partners share unlimited liability for the debts and
obligation of the partnership. In a limited partnership,
some partners will have unlimited liability but limited
partners' liability is equal only to the amount of their
capital contribution
CORPORATION
Stockholders - they are liable for the
company's debts to the extent of their
investment
Owners of a corporation are called shareholders,
who are responsible for the debts of the
corporation only up to the extent of their capital
contribution.
Registration of corporations is under the SEC.
 COORPORATION

ADVANTAGES DISADVANTAGES
- Easy to raise - Harder to set up
capital - Higher taxes
- Transfer
ownership
 COOPERATIVE
-is defined by law as "an autonomous and duly
registered association of persons, with a common bond
of interest, who have voluntarily joined together to
achieve their social, economic, and capital required,
patronizing their products and services and accepting a
fair share of the risks and benefits of the undertaking in
accordance with needs and aspirations by making
equitable contributions to the universally accepted
cooperative principles".
Cooperatives can obtain capital from
members' capital contributions,
through direct investment, or by
retaining a portion of net income.
It must be submitted to the
Cooperative Development
Authority, the government
agency that registers all types of
cooperatives in the Philippines.
The primary objective of a cooperative
according to the Cooperative Development
Authority (CDA) of the Philippines is promoting
the economic interests and general welfare of its
members.
COOPERATIVE
ADVANTAGES DISADVANTAGES
- Equal ownership - Conflict among
and control members
- Profit sharing - Lack of Privacy
- Government
Control
SOLE PARTNERSHIP CORPORATION COOPERATIVE
PROPRIETORSHIP
Farms Doctor offices PepsiCo Ace Hardware
Private tutor CPA services Microsoft Women’s Handicraft
cooperative
Local barber shop Ikea
INTEGRATE

What do you think is the best type

of business organization? Explain
your answer.
An organizational strategy is a dynamic
roadmap that specifies how the business will
allocate resources to support business
activities.

In the article "Strategy for Start-Ups" published in 2018

by Harvard Business Review (HBR), a publication of
Harvard University, its authors have identified four
domains of decision-making that are crucial for every
business venture.
1.Customers.
Identifying customers and understanding their needs is
usually the first step in any market strategy.
2.Technology. Customer choices are interrelated with
technology.

3. Identity, Culture, and Capabilities.

4. Competitors.
Attitude toward incumbents:

✓ Collaborate - Working with established industry players

provides access resources and supply chains that may enable
the business to enter a larger market or customer base more
quickly.
✓Compete - Challenging established industry players provides
more freedom to build desired value chain, works with
underserved or neglected customers, and brings innovations to
the marketplace.
HOW DO YOU DEfINE
BUSINESS GOALS?
Attitude toward the innovation:

✓Build a moat - Building a moat means creating a long-

lasting competitive advantage over competitors.
Invest in protecting their intellectuall property.

✓ Storm a hill - Storming a hill means working to speed up

commercialization of a product or service.
BUSINESS GOALS
-a company wants to accomplish.
-give businesses directions
-help measure success
VISION
It gives purpose to the existence of the
entrepreneur's organization and look for its
fulfillment.
VISION STATEMENT

-captures, in writing, the

entrepreneur's vivid mental picture
of his or her goal.
 It should have the following fundamental
criteria:
It is written in the present.
It is future-oriented.
It is challenging.
It is able to be easily remembered.
It helps build a picture.
It uses clear language.
It describe an outcome.
Mission
- An entrepreneurial mission is a clear
expression of an organization's reason for
being and often includes a brief plan of
action on how to reach its goal.
A well-written mission statement is usually
short and made up of simple sentences.
Here are some guide questions in writing a
mission statement:
What do we do?
How do we do it?
Whom do we do it for?
What value are we bringing?
The vision and mission. must be translated
into perceptible and quantifiable end-
results, known as objectives.

An entrepreneurial objective should be

SMART but some experts it should SMARTER.
Create objectives to give them business
targets to achieve.

Objectives give direction and provide a

purpose for the company's everyday
operations. They also drive the company
toward continuous improvement and
business success.
THANK YOU