gavin davis compare fucntions of business

gavin davis compare fucntions of business

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  • types of business 
  • there are five there are sole propieter ship,partnership,franchise,corperation,non-profit 
  • sole propietership 
  • 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 
  •  partnership
  • 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 
  •  franchise
  • 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 
  • corperation 
  • 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 
  •  non-profit 
  • 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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