Compare Functions of Business

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  • Types of Business 
  •  Sole Proprietorship, Partnership, Franchise, Corporation, and Non-Profit.
  •  Sole Proprietorship
  • Proprietorship   Owned by one person and advantage is it's easy to start
  • Partnership
  • A Partnership is owned by to or more people and a advantage it is Relatively easy to start
  • Franchise
  • Franchise is a contractual agreement to sell a company’s products or services in a specific geographic area and a distanvantage is Franchise is limited in what products or services can be sold
  • Corporation
  • Corporation owned by many
  • Partnership
  • Partnership Owned by two or more people
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