Forms of Bussiness

Stanford University

Sole Proprietorship

A business that is owned and managed by one individual who receives all profits and bears all losses.


examples:


Small Businesses

Partnership

A businesses that is owned and managed by two or more individuals who receive all profit and bear all losses


  • Hewlett Packard
  • Mc. Donald's
  • Apple
  • Wrarner Bros.
  • Microsoft

Coorporation

a business that is owned by stock holders and that has legal rights and responsibilities as if it were a person. :))