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Types of Business Ownership Types of Business Ownership
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Entrepreneurs need to understand the advantages and disadvantages of various forms of business ownership so they can choose the most appropriate form for their business.
Section 7.1 Sole Proprietorships and Partnerships
7.1
Types of Business Ownership Types of Business Ownership
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Sole Proprietorship
Section 7.1 Sole Proprietorships and Partnerships
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Types of Business Ownership Types of Business Ownership
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Sole Proprietorship
Section 7.1 Sole Proprietorships and Partnerships
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Types of Business Ownership Types of Business Ownership
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Sole Proprietorship
Section 7.1 Sole Proprietorships and Partnerships
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Types of Business Ownership Types of Business Ownership
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Sole Proprietorship
Section 7.1 Sole Proprietorships and Partnerships
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Types of Business Ownership Types of Business Ownership
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Partnerships
Section 7.1 Sole Proprietorships and Partnerships
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Types of Business Ownership Types of Business Ownership
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Partnerships
Section 7.1 Sole Proprietorships and Partnerships
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Types of Business Ownership Types of Business Ownership
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Partnerships
Section 7.1 Sole Proprietorships and Partnerships
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Types of Business Ownership Types of Business Ownership
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Partnerships
Section 7.1 Sole Proprietorships and Partnerships
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In a corporation, the owners of the business are protected from liability for the actions of the company.
Section 7.2 Corporations
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Types of Business Ownership Types of Business Ownership
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Corporations
Section 7.2 Corporations
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Corporations
Section 7.2 Corporations
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Corporations
Section 7.2 Corporations
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Subchapter S Corporation
Section 7.2 Corporations
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Nonprofit Corporation
Section 7.2 Corporations
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Types of Business Ownership Types of Business Ownership
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Limited Liability Company
Section 7.2 Corporations
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Types of Business Ownership Types of Business Ownership
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Making the Decision Before deciding on a legal form, ask yourself key questions about:
Section 7.2 Corporations
your skills
capital
expenses
willingness to assume liability
level of control wanted
length of time you expect to own the business
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