Types of Business Ownership
Kinds of partners?- Business
Who manages?- Founder
How is the business started?- Through the small business adminstration
2 Advantages- You know the higher up people, Don't have to worry about the government.
2 Disadvantages- Split profit, share everything.
One of the partners quit
The one person
Loans and Grants
You get all the money, you make all the decisions
Risk, Could lose everything
House and car