Jalwa Hanis

benefits-of-kijang-economics

5 Benefits of Kijang Economics: The Student Game-Changer!

Nowadays, many students lack financial literacy and economic awareness, which can limit their understanding of real-world economic concepts and decision-making skills. In today’s fast-paced world, it’s more important than ever for students to have a solid grasp of economics and financial literacy. Without these skills, it can hinder their ability to succeed in an increasingly …

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Business Ownership

A Comprehensive Guide to Understanding Types of Business Ownership

Business ownership refers to the legal structure of a business. As an entrepreneur, choosing the right type of business ownership is important based on legal requirements, advantages, and disadvantages. In Malaysia, there are four popular types of business ownership: Sole Proprietorship A sole proprietorship is a simple and attractive option for a new business. Under …

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Private Limited Companies

Private Limited Companies: Understanding the Pros and Cons for Your Business

A private limited company is owned by a group of people who pool their money and work together. This company is limited by shares, which means that the ownership of the company is divided into shares owned by the shareholders. Table of Contents How is it different from other types of companies? One of the …

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Partnership

Partnership: Benefits and Drawbacks of This Business Structure

A partnership is a type of business owned by two or more individuals who share the profits and losses of the business. There are two (2) main types of partnerships: General Partnership Limited Partnership General Partnership In a general partnership, all partners have unlimited liability for the business’s debts. They are personally liable for all …

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Sole Proprietorship:

Sole Proprietorship: Pros and Cons Every Entrepreneur Should Know

A sole proprietorship is a popular legal form of organization for small businesses. One individual, a sole trader, owns and operates this business structure. It has minimal legal requirements, making it easy to establish and discontinue. Here are the advantages and disadvantages of a sole proprietorship. Advantages of Sole Proprietorship Ease of formation: Minimal legal …

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