3 Types of Business

NaKimbria Tyson

Names of the 3 businesses

1. Sole proprietorship

2. Partnership

3. Corporation

Sole proprietorship

Real life example:

Kim owns a small business, but she has unlimited liability.


Vocabulary.. type of businee

Partnership

Jim and Tim owns a business, and they both split the bills.

Corporation

Tina shares a stock with Nike, but only Tina does not make up the prices, she share it.