GRADE 11 – CAPS Formation of a Company. GRADE 11 – CAPS Recap the characteristics, advantages...

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GRADE 11 – CAPS Formation of a Company

Transcript of GRADE 11 – CAPS Formation of a Company. GRADE 11 – CAPS Recap the characteristics, advantages...

Page 1: GRADE 11 – CAPS Formation of a Company. GRADE 11 – CAPS Recap the characteristics, advantages and disadvantages of the forms of ownership The benefits.

GRADE 11 – CAPS

Formation of a Company

Page 2: GRADE 11 – CAPS Formation of a Company. GRADE 11 – CAPS Recap the characteristics, advantages and disadvantages of the forms of ownership The benefits.

GRADE 11 – CAPS • Recap the characteristics, advantages and

disadvantages of the forms of ownership• The benefits and challenges of establishing a company

versus other forms of ownership i.e. sole trader, partnership, Close Corporation,

• co-operatives, (including taxation issues)• Formation of companies - The company’s charter: Memorandum of Incorporation [MoI] - Name of the company : Incorporation and commencement of the company - Prospectus

Page 3: GRADE 11 – CAPS Formation of a Company. GRADE 11 – CAPS Recap the characteristics, advantages and disadvantages of the forms of ownership The benefits.

GRADE 11 – CAPS

Formation of a Company Activity

• Divide in groups of 6 -8 participants• Issue each group with newsprint & koki’s• Each group chooses a scribe and spokesperson• Different groups must summarise each heading in

point form and as a mind map• Group spokesperson report back to plenary

Page 4: GRADE 11 – CAPS Formation of a Company. GRADE 11 – CAPS Recap the characteristics, advantages and disadvantages of the forms of ownership The benefits.

GRADE 11 – CAPS

Group 1 Company Registration Point FormGroup 2 Company Registration Mind MapGroup 3 Memorandum of

IncorporationPoint Form

Group 4 Memorandum of Incorporation

Mind Map

Group 5 Name of the Company Point FormGroup 6 Name of the Company Mind MapGroup 7 Prospectus Point FormGroup 8 Prospectus Mind Map