Types And Form Of Businesses OwnershipNames: Areesha R, Alyssa S

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5 TYPES AND FORMS OF BUSINESS OWNERSHIP

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Types and Forms of Businesses

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Types And Form Of Businesses Ownership Names: Areesha R, Alyssa S

Forms

Co-operative

Private business organization that is owned and controlled by the people who use its products, supplies, or services

Federated Co-operatives Limited

Desjardins Group

Corporation

legal entity that is separate and distinct from its owners

Microsoft

Amazon

Sole Proprietorship

an unincorporated business that has only one owner who pays personal income tax on profits earned from the business.

Tax Preparers

Accountants

Franchise

A business owned by an entrepreneur, offering a product or service labeled by a corporation that provides help in every aspect of the business

Domino's

KFC

Partnership

Its owned and operated by several individuals

Louis Vuitton

Red Bull

Types

E-Commerce

buying and selling of goods and services over an electronic network (internet)

Envelopes.com

EasyDNS

Merchandising

activity of promoting the sale of goods at retail

Limited-time Offers

Free Samples

Non Profit

A business that doesn't make any money or donates the money they get

Red Cross

Terry Fox Foundation

Manufacturing

Companies that use parts and raw material to make goods so they can make profit

Walmart

Best Buy (Electronics)

Service

Provides an act for people. they don't sell physical material or objects.

Charity events

Tutoring