Beruflich Dokumente
Kultur Dokumente
ORGANIZATIONAL PLAN
Y a s i r Hussain T u r i
MBA 1431-209002
N a s i r Hussain
MBA 1431-209001
S S Sh a h i d
MBA 1431-2090
M Kashif Jan
MBA 1431-2090
An Organizational Plan is basically a “to do”
list for an organization.
It lists out the plan of work, programs, and organizational
growth over a period of time - six months, a year or five.
The tasks involved, who is responsible for them, and when
they’ll be done.
Corporation form of
business with separate legal
entity, run by stockholders
having limited liability &
regulated by statute
Factors of the three forms of Business
Formation
Factors Proprietorship Partnership Corporation
No Limitation on
No Limitation on
Ownership Individual number of
Number of partners
stockholders
In general
partnership,
individuals are
Amount of capital
Individual liable for business
contribution is
Liability of Liable for liabilities. In
limit of
Owners business Limited
shareholder’s
Liability Partnership
liability
partners are liable
for capital
contribution
Factors Proprietorship Partnership Corporation
Partnership
Created only by
agreement, legal
statute, Articles of
cost, and minor
incorporation,
filing fees for trade
Costs of filing fees, taxes,
Only Filing Fees name. Limited
Starting and fees for states
for trade name partnership
Business in which
requires more
corporation is
comprehensive
registers to do
agreement, hence
business
higher cost
Factors Proprietorship Partnership Corporation
Death or
withdrawal of one
partner terminates
partnership unless
partnership
agreement
Greatest form of
stipulates
continuity. Death
otherwise. In
or withdrawal of
Continuity Death dissolves limited partnership
owner(s) will not
of Business the business death or
affect legal
withdrawal of one
existence of
partner has no
business
effect on
continuity. Limited
partners can
withdraw capital
six months after
notice is provided
Factors Proprietorship Partnership Corporation
Partnership
agreement may
have special
allocation of
income.
All income Pardoners pay No income is
Distribution of
appears on tax on their pro allocated to
profits to owners
owner’s return rata shares stockholders
income on
individual return
even if income
not immediately
distributed
Attributes Proprietorship Partnership Corporation
Amortizable over Amortizable over
Organization costs Not amortizable
60 months 60 months
$100 dividend
80% of more of
exclusion for Dividend exclusion
dividend received
Dividend received single return and of partnership
may be deducted
$200 on joint passes to partner
(after 12/31/86)
return
Acquisition of
stock for cash
Commencement of Contribution of entails no
business results in property to a immediate taxes.
Initial organization
no additional tax partnership not Transfer if stock
for individuals taxed value greater than
contributed
property
Partnership
investment plus
No losses allowed
Amount of risk share of resources
Limitations on losses except on sale of
may be deducted liability if any. At
deductible for real stock or
except for real risk rules may
estate activities liquidation of
estate activities apply except for
corporation.
real estate
partnership
Attributes Proprietorship Partnership Corporation
Itemized deduction
Cost of employee
for medical Cost of partner’s
shareholder
expense in excess benefit is not
coverage
of adjusted gross deductible to
deductible as
Medical Benefit income on business as an
business expense
individual’s expense. Possible
if designed for
return. No deduction at
benefits of
deduction for partner level
employee.
insurance premium
Attributes Proprietorship Partnership Corporation
Limitations on
benefits on
benefits from
defined plans-
lesser of $ 90,000
or 100% of
corporation.
Limitation and
Limitation on
restrictions
Same as for contribution to
Retirement benefits basically same as
corporations defined
regular
contribution
corporation
plans-lesser of $
30,000 or 25% of
compensation
( 15% of
aggregate for
profit-sharing
plans)
building the
management
team
•Execute the business plan
•Developing a network of
information sources for the
entrepreneurs
selecting Board
members
• Select individuals who can
work with a diverse group
and will commit to the
venture mission
The member of board
• Select candidates who
members should be understand the market
carefully selected
environment or can
considering the following
contribute important skills
criteria to the new venture’s
achievement of planning
goals