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REGISTRATION BUSINESS ENTITIES, 1) sole proprietorship, 3) limited…
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Limited liability
if company goes to through financial turmoil,the asset of business are protected
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Financing
well-known which results in more creditors,bankers and goverments
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Costly
high cost which involves registration fees, legal fees
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Cost
cost registering is low, only RM 60(plus RM 10 for documentation)
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Decision making
if problem are complex, the owner might have some difficulty in making decision
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discusses the responsibility of bussines operator in Malaysia to register bussines with the authorized agency and also disscus the advantages and disadvantage of bussiness registration
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