Types of Business Organizations
w/ wolf & dontae'
The sole proprietorship is the simplest business form under which one can operate a business. Mark Zuckerberg created the software that would eventually become the popular social networking site Facebook while he was at Harvard. He launched the site from his dorm room, and since that day has become the youngest self-made businessman who is worth more than a billion dollars.
Mark Zuckerberg Interview On CNBC From 2004
A corporation is owned by shareholders, and their ownership is represented by shares of stock. Domino's Pizza is the second largest pizza chain in the world (behind YUM! Brands' Pizza Hut). Domino's is located in over 50 countries with over 8,300 stores. The company owns some of the stores but most are franchised.