TYPES OF BUSINESSES 3 Main types of businesses in the United States: Sole Proprietorships Partnerships Corporations

Types Businesses Forms of Business Organization Character-istics Advantages Dis-advantages Sole Proprietor-ship Partnership Corporation

Special Types of Business Organization List the Characteristics of Each S Corporations – Limited Liability Companies – Not –for-Profit – Government Owned – Cooperatives – Franchises -

Writing Assignment - #11 Write 3 paragraphs comparing and contrasting the different types of business organizations. Include characteristics, advantages and disadvantages, and an example of each type of business .

p. 111 Answer 1-5 under Proprietorships, Partnerships, and Corporations. Then read p. 112-115