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

lundi 25 janvier 2016

Move over muscle cars: Detroit auto show targets the 'she-conomy'

Woman car NAIAS

The majority of car-buying decisions are now being led by women, a trend that played out on the floor of the just-wrapped North American International Auto Show in Detroit.

LNG replacing diesel? Not for a long, long while

Fuelling an LNG truck in Calgary

Transportation companies are attracted to the cost and environmental savings of liquefied natural gas, but the results don't always match expectations.

CRTC hearings on local TV get dire warning that half of all stations could close by 2020

PERSONALIZED TV cord-cutting television viewer

Nearly half of the country’s local TV stations could be off the air by 2020 without a boost in revenues to pay for local programming, the national broadcast regulator has been told as it prepares to open public hearings into the viability of local TV.

Parliament's opportunity to rebuild a strong Canadian economy: Don Pittis

CANADA-POLITICS/

Even doubling infrastructure spending cannot replace the value lost to the Canadian economy by the oil and commodities crash. Instead, the Liberal government must think of ways to nurure growth without putting our grandchildren into debt. Don Pittis has some suggestions.

European shares retreat as oil price rally fizzles out

GLOBAL-MARKETS/

European stock markets fell on Monday, with shares in major oil and gas companies losing ground as an oil price rally fizzled out.

dimanche 24 janvier 2016

Uber discussions need to go beyond the fact it offers a cheaper ride

BRAZIL-UBER/

Uber is a way to get a cheap ride home from the airport, yes. But a closer look at the company shows it's much more than that — and not all of it is pleasant.