The Different Types of Ownership.

By: Kevin Pike

Sole Proprietorship

The easiest way to start a business. But if you business fails you can lose everything.

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

Partnership

A business that you can start with a friend, but for that to work out each person has to share the work, profit, loss, and skill.

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

Limited Liability Partnership

A business were the profit and loss of money flow through the business of many members to make sure the company never dies. It falls apart when a member dies or goes bankrupt.

http://www.youtube.com/watch?v=PzSw6OsEP9Q&feature=player_detailpage

Corperation

A corporation is a legal entity that has been established through law.

http://www.youtube.com/watch?v=F1z-d43-4lA&feature=player_detailpage

Citation

Wikipedia, Youtube.