Topic 1.7 Organization, Roles, and Responsibilities · pipeline build
CEO marketer product finance operations ✉️ investor fund 10 more shops — IF you pick a legal form & share control sole proprietorship? partnership? LLC? corporation? who CONTROLS? · who KEEPS profit? · who PAYS if it fails? Topic 1.7 · Organization, Roles, and Responsibilities Four types of business organization SOLE PROP. 1 owner PARTNERSHIP 2+ owners LLC members CORPORATION shareholders + board owner keeps shared CONTROL over decisions & profits low high ACCESS TO FUNDING sole prop · partnership · LLC: owner decides, owner keeps profit but less funding → slower growth Liability: who pays when the business can’t? Bean & Brew 📨 lawsuit / $40,000 loan 🏠 🚗 💰 Mina’s savings, car, house SOLE PROP / PARTNERS: personally liable Bean & Brew limited liability wall 🏠 🚗 💰 safe — loss limited to what she put in LLC: no personal liability exam cue: personal assets / debts / lawsuit → sole prop & partnership exposed; LLC & corp not The corporation SHAREHOLDERS elected BOARD OF DIRECTORS CEO / executives owners CEDE control funding ↑ · growth ↑ the COMPANY controls profits the COMPANY is liable for debts the investor’s real offer: 10 shops of funding ↔ sole control for a seat at a bigger table first three: control + profit stay with owners · corporation: funding + growth + debt separation What do sole proprietors and partners actually do? CEO marketer product dev finance mgr operations sole proprietor: ALL roles, often in one day Jun product operations finance marketing partners: roles divided by STRENGTHS & interests pause & check the four types 1 shop → 40 shops: departments and outsourcing BOARD + SHAREHOLDERS (corp.) CEO vision · operations · strategy · performance MARKETING OPERATIONS ACCOUNTING FINANCE HR managers lead departments, report to executives why? specialization → EXPERTISE → meet customer needs efficiently & effectively payroll outside payroll company OUTSOURCE when it raises efficiency or cuts cost: missing skills · high labor cost Six departments — tell them apart SALES & MARKETING research · sales strategy · brands · customer relationships which students want what · get them in the door R&D innovate new & existing goods, services, processes testing the next seasonal drink OPERATIONS make goods / deliver services → to customers beans, machines, store workflow ACCOUNTING track spending & earnings · financial statements the scorekeepers FINANCE secure & manage funds · recommend strategies how to pay for shop 41 HUMAN RESOURCES recruit · train · evaluate the workforce hire & train baristas TRAP: accounting RECORDS what happened · finance RAISES money and decides what to do with it How people earn income from all this sole proprietor / partner profit = revenue − costs → straight to the owner (loss too) LLC members share the profits corporation executives/employees: salaries shareholders: dividends + share value and every department is a set of careers loves data → market researcher loves numbers → accountant / analyst loves people → HR recruiter the org chart is a MAP OF JOBS, not just structure SOLE PROP. PARTNERSHIP LLC CORPORATION control ✓ · funding low control ✓ · funding low control ✓ · funding low control ✗ · funding HIGH personally liable personally liable no personal liability company is liable sole proprietor: every role · partners: split by strength growth → departments under CEO & managers (corp: board + shareholders) outsource when more efficient or cheaper marketing · R&D · operations · accounting · finance · HR Mina: LLC today · corporation if the 10-shop deal goes ahead patterns: which type fits owner who wants X · which department · accounting vs finance Scene 1 / 9
PAUSE & CHECK Two friends want to open a bike-repair shop together, keep full control of decisions, and make sure that if the shop is sued, their personal savings are protected. Which type of organization best fits?
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Pilot v2. Timing is estimated from narration length (145 wpm); the final video uses an ElevenLabs English voice recorded from the performance script (energy, pauses, emphasis), and scene timing then follows the real audio. The browser voice here is only a placeholder for pacing — it cannot act. Other-language audio is a customer-selected option; English is the default. Dollar figures in Scenes 6–7 are illustrative. No logos used.