gavin davis compare fucntions of business
By 36f39111, Updated
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types of business
there are five there are sole propieter ship,partnership,franchise,corperation,non-profit
def its owned by one persen an advatage is that it is easy to start and a disadvantage is that it difficult to obtain capital to start
def of partnership is owned by two or more pepoel and an advatage is that it is easy to start and disadvantage is that franchise must operate like any other
def of franchise is that agreement to sell contratual company products and advantage is that easy to start dis is thatsom e are strict and hard to obtain and operate
def of stockholders is that it is owned by many pepole/stockholders but treated by law as one persone and advantage is that copertion can raise money but selling stock dis is that corperations are taxed on profits
def of non-profit is that does not make profit an advantage is that doners contribute are tax duplicate a dis is that can not be run for makeing money
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