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  •  Sole Proprietorship, Partnership, Franchise, Corporation, and Non-Profit.
  •  Types of Business
  •  Sole Proprietorship
  • This business is easy to start but owner might lack business skills  
  • Partnership
  • franchise is owned by more then two or more people partners share risk but agreement is needed to start  
  • Franchise 
  • agreement to sell a companies product easy to start but franchise must operate like every other franchise
  • Corporation 
  •  owned my people and stockholders and cooperation can raise money by selling stock but cooperations have to share profit  
  • Non-profitable business
  •  business purely focus on improvement  not profits usually benefits but  is nonprofitable 
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