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

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jeudi 11 juin 2015

Judge strikes down Hamilton's bylaw to regulate Canada Post super mailboxes

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hi-bc-130730-super-mailbox-8col

In a decision released Thursday, Justice Alan Whitten declared city of Hamilton's bylaw regulating the placement of community mailboxes "inapplicable and inoperative."



Source:CBC | Business News http://ift.tt/1B9EYVa

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samedi 23 mai 2015

BlackBerry lays off unspecified number of employees globally

13:08  ,  No comments


via CBC | Business News http://ift.tt/1en0vQ8

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