Different Types of Businesses

What is a business?

a business is the activity of making, buying, or selling goods or providing services in exchange for money

Joint Venture

Joint Venture

A joint venture is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance.

Cooperatives

Cooperatives

Business owned and operated by it's user member's for the purpose of supply themselves with goods and services

Non Profit Corporations

Non Profit Corporation

A nonprofit organization is one that does not declare a profit and instead utilizes all revenue available after normal operating expenses in service to the public interest

Quasi - Public Coperations

Quasi - Public Coperations

A publicly traded company partially owned or at least guaranteed by a government for some purpose thought to benefit the community

LLP

LLP

A limited liability partnership is a partnership in which some or all partners have limited liabilities. It therefore exhibits elements of partnerships and corporations.

LLC

LLC

A limited liability company is the United States-specific form of a private limited company. It is a business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.