2nd October 2019


What are the different types of business forms?

Types of business entities
  • Sole proprietorship. This is the simplest form of business entity.
  • Partnership. This entity is owned by two or more individuals.
  • Limited liability company (LLC)
  • Corporation.
  • Cooperative.

What are the different forms of business organization?

Here is a brief look at the various business forms.
  • Sole Proprietorship. A sole proprietorship is the most common form of business organization.
  • Partnership.
  • Corporation.
  • Limited Liability Company.
  • Subchapter S Corporation.

What are the different forms of business enterprises?

The general forms of business enterprises, which are actively observed in many parts of the world include:
  • Sole proprietorship.
  • Partnership.
  • Limited Liability Companies (LLC)
  • the corporation (PLC)
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