Sole proprietorship

A sole proprietorship, also known as a sole trader, is owned by one person and operates for their benefit. The owner may operate the business alone or with other people.

Partnership

A partnership is a business owned by two or more people. In most forms of partnerships, each partner has unlimited liability for the debts incurred by the business. The three most prevalent types of for-profit partnerships are general partnerships, limited partnerships, and limited liability partnerships.

Corporation

The owners of a corporation have limited liability and the business has a separate legal personality from its owners. Corporations can be either government-owned or privately owned. They can organize either for profit or as not-for-profit organizations.

Cooperative

Often referred to as a "co-op", a cooperative is a limited liability business that can organize for-profit or not-for-profit. A cooperative differs from a corporation in that it has members, not shareholders, and they share decision-making authority.

Restructuring state enterprises

In recent decades, various states modeled some of their assets and enterprises after business enterprises. In 2003, for example, the People's Republic of China modeled 80% of its state-owned enterprises on a company-type management system

dimanche 24 avril 2016

Airline advocate told he's not 'large' enough to challenge airline, so he's appealing

Gabor-Lukacs

Gabor Lukacs will need to convince three judges to make the Canadian Transportation Agency address a complaint he filed about Delta Airlines involving "discriminatory practices" around large or obese customers.

Cirque du Soleil whirls in Russia with Varekai

Cirque Russia/Cedric Belisle Dirvish.JPG

CBC News goes backstage during the opening week of Cirque du Soleil Russia's Varekai in Moscow.

samedi 23 avril 2016

PJ's Pets is closing 27 stores across Canada

ns-hi-pets-unlimited

The company — which employs more than 400 people across Canada — has been in business for close to 50 years.

vendredi 22 avril 2016

VW's emissions fix & Turo's latest pitch to Canadian drivers: THIS WEEK IN BUSINESS

volkswagen vw engine hood

From irate Volkswagen owners wanting more information on how the automaker plans to fix their cars and pay them for their troubles, to a group of loyal Microsoft gamers learning that their favourite console has been bricked, it was a busy week in business news. The CBC's Jacqueline Hansen gets you all caught up in her weekly video recap.

FCA recalls 1.1M Dodge Jeep and Chrysler vehicles for parking problem

Auto Show Dodge Hot Cars

Fiat Chrysler is recalling more than 1.1 million cars and midsize SUVs worldwide because their gear shifters may confuse drivers and allow them to exit their vehicles without placing them in 'park.'

Canada acting 'like a bunch of villages as opposed to a nation' on pipelines Alberta's Notley says

Rachel Notley State of the Province

The Alberta NDP premier says in order for Canada to move to a de-carbonized economy in the future, the present must include pipelines.

General Motors' Oshawa flex line to shut for two weeks due to Japan part supply issue

General Motors Oshawa 20150128

General Motors is shutting down production at four plants, including its flex line in Oshawa, Ont., for two weeks due to a part supply issue caused by the recent earthquakes in Japan.