catatan

There are some forms of organisation in businesses. Firstly, form of business organisation is sole trader. This company is owned and controlled only by one person. This is common businesses in all over countries in the world. In developing countries such as Indonesia there are many companies formed sole trader. Some advantages of sole trader become most consideration why people are choosing this business. That are easy setting up the business due to few legal requirement even in Indonesia there is legal requirement to build the business but practically person who wants to set up this business does not fulfil the government’s legal requirement. Another advantages are the owner becomes the only boss, keeping all the profit that company got, owner decides work-time or holiday and policy for company also secrecy of the business.

Some disadvantages are most likely for big-size business such as national or multinational businesses choosing another form rather than sole trader. That are unlimited liability because there is no separated legal identity, there is no person to discuss with and there is limited capital to expand the business so that a company remains small-size.



Secondly, form of business organisation is partnership. Definitely partnership is a group or association of people consist of 2 to 20 people which own and control the business. Some advantages of partnership are more capital to invest, sharing skill to run and expand the business, there is much more motivation among the partners to show their performances and few legal requirements. Partnership also has disadvantages such as sole trader that has unlimited liability. Another disadvantage are the owners have to share profit, to become barrier among the owners to run business if there is disagreement, dishonest might rise among the owners and less secrecy rather than sole trader.                

Sole trader and partnership have unlimited liability that means the owner must responsible with the debt that company has even to sell their personal possession to pay all the company’s liabilities. In law there is no separated legal identity between the owner and the company.

An example case is Gita as an entrepreneur has shoe-shop. Name of her company is Gita Shop. Gita was built her company since she was in college on 2010. She was taking design major in her university. Her company is expressing her potential and skill. Her company is growing a day to day so that Gita needs more capital and partner to discuss with her. Finally, Gita has agreed with Wirjawan that graduated from accountancy major. They are now becoming partner and the shop is already becoming partnership. They share responsibility to run the shop. They also share capital, risk and profit. Gita always discusses with Wirjawan every decision related the company. Their company is growing and expanding to add other branches.