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Published byJorge Sours Modified over 9 years ago
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By: Brayan & Osvaldo
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Sole Proprietorship Individual own business when one person runs/owns its on business Little government regulations Great risk for the owner
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Partnership The partnership is owned by two or more people Partners share an idea for a business
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Cooperation Separate legal entity owned by one or more shareholders and managed by a board of directors More difficult to form Subject to more regulation Limited liability for investors
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Cooperative A business owned and operated by its user-members for the purpose of supplying themselves with goods and services
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Limited Liability Company A special type of corporation that is taxed as if it were a sole proprietorship or partnership
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Franchise A legal agreement between a company and a distributor to sell a product or service under special conditions
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S. Corporation An S. Corporation is a special type of corporation created through an IRS tax election
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Joint Venture A Joint Venture is an association of two or more entities combining property and expertise to carry out a single business enterprise and having a joint proprietary interest, a joint right to control and a sharing of profits and losses
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Non-profit Corporation A non for profit corporation is an incorporated organization created by statute, government or judicial authority and registered at the registry of commence, that is not intended to provide a profit to the owners or members
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