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01-Overview - Overview of Financial Management Major areas...

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Overview  1 Overview of Financial Management Major areas in finance Forms of business organization Goals of the corporation Agency relationships
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Overview  2 Money and capital markets Investments Financial management Major Areas in Finance
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Overview  3 Sole proprietorship Partnership Corporation Hybrid forms Alternative Forms of Business Organization
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Overview  4 Advantages: Ease of formation Subject to few regulations No corporate income taxes Disadvantages: Limited life Unlimited liability Difficult to raise capital Sole Proprietorship
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Overview  5 More than one person Has roughly the same advantages and disadvantages as a sole proprietorship Partnership
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Overview  6 Advantages: Unlimited life Easy transfer of ownership Limited liability Ease of raising capital Disadvantages: Double taxation Cost of set-up and report filing Corporation
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Overview  7 The primary goal is shareholder
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