3 Types of Business
By: Sawyer Mahaffey
Example: Honey Bee business
Advantages: Easy to start up, and full control of business.
Disadvantages: Unlimited personal liability, limited access to resources.
Advantages: Easy start up, shared decision making.
Disadvantages: Unlimited liability, potential for conflict.
Advantages: Limited liability for owners, transferable ownership.
Disadvantages: Expensive, difficult to start up.