Ownership Types

4 major types of business ownership By: Luke Willis

Sole Proprietorship

This is the Simplest and most common structure to start a business with, however, it can be very risky.


http://www.youtube.com/watch?v=V0Noy8j9ft8&feature=player_detailpage

Business Partnership

  • A very popular choice for a business
  • Many pitfalls and risks
  • Rewards can be great and plentiful

http://youtu.be/z4xJ7hQHt6Y

Coporation

Corporation

http://youtu.be/F1z-d43-4lA

A corporation is a legal entity that has been incorporated either by legislation or registration.

Sources:

Wikipedia, Youtube