Author: Jack

There are many different types of businesses, but the most common include a sole proprietorship and a corporation. The sole proprietor is the owner of a business, and it is the simplest and most straightforward to set up. Another popular type is a partnership, which combines the features of an enterprise and an association. This type of organization is owned by a group of people, usually two or more. In contrast, a limited liability company is owned by investors, and has special rules. The seven most common types of businesses involve a wide range of different goals and concerns. A…

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