The three forms of business ownership are Sole proprietorship, Partnership, and Corporation. Sole Proprietorship is a business that is owned by one person. Partnership is a type of business ownership that is owned by two or more persons. Corporation is a type of business ownership where in a group of people formed a corporation or a business that act as a single entity.
The type of business ownership that appeals to me is the Sole Proprietorship because in this type of business ownership makes you your own boss. Also, in Sole Proprietorship starting of business is easy because in order to build up a business permits from local government is only needed.
The three forms of business ownership are Sole
proprietorship, Partnership, and Corporation. Sole Proprietorship is a business
that is owned by one person. Partnership is a type of business ownership that
is owned by two or more persons. Corporation is a type of business ownership
where in a group of people formed a corporation or a business that act as a
single entity.
The type of business ownership that appeals to me is the
Sole Proprietorship because in this type of business ownership makes you your
own boss. Also, in Sole Proprietorship starting of business is easy because in
order to build up a business permits from local government is only needed.
