Types of Business Organzations
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Sole proprietorship Owned by one person
Hello everyone this my bookstore i get all the profits
Hello everyone this my auto shop its for two people instead of one to run this business
Partnership Owned by two or more people
Franchise is a contractual agreement to sell a company's products
Hello everyone i get my goods from a differnt company
corporation Owned by many people
Hello everyone we can earn money by selling stock
Multinational Corporation A company that does business
Hello everyone my comapny has offices and factories
Hello everyone we produce and distirbute goods
Profit making businesses Businesses whose motive is making a profit
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