There are four types of businesses forms which include, Sole Proprietorship,Partnership, Corporation,Franchise and Non-Profit
A Sole Proprietorship is an enterprise owned and run by a single person in which there is no legal distinction between the owner and the business entity an example of this would be a small business such as a single person art studio
A partnership is an arrangement where parties, known as partners, agree to cooperate to advance their mutual interests. An example of this would be Redbull or GoPro
A Corporation is an organization, usually a group of people or a company, authorized to act as a single entity and recognized as such in law. An example of this would be 7 eleven or adidas.
A Franchise is an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, e.g., providing a broadcasting service or acting as an agent for a company's products. an example is Subway and Pizza Hut.
A Non-Profit organization, also known as a non-business entity, is dedicated to furthering a particular social cause or advocating for a shared point of view. An example of this is Boy scouts of America