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 1 février 2016

There are good reasons why airport food is so bad

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A NEW ranking of restaurants in American airports has been released by the makers of AirportXP, a market-research smartphone app. Based on the responses of around 88,000 of its users, it found that Honolulu is the worst airport in the country for a pre-flight meal, followed by Washington Reagan and Los Angeles. Tampa, Salt Lake City and Minneapolis St. Paul, meanwhile, came top.

According to Scott Ludwigsen, an executive at AirportXP, air travellers “are very discerning when it comes to the choices they have in food and beverage”. Those are not the words Gulliver would use. Things are improving, but being voted the best airport for food is still a bit like being voted the least-fatuous Kardashian: you only look good in comparison with your flaky peers. No one would choose an airport restaurant over its equivalent in the real world.

There are many reasons why airport dining is so terrible. For a start, there is rarely...Continue reading

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American economy: The trucks and trains test; barely rolling along

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from: Economic Issues http://ift.tt/1nzHJcy

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The latest perk in air travel: the return of free soft drinks and snacks

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flight attendant luggage carry-on stewardess

After 15 years of near austerity, U.S. airlines are restoring some small perks for passengers crammed into coach. including improved snacks, a larger selection of free movies and — on a few select routes — the return of free meals.

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Calgary real estate market sees declines in sales and prices again in January

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Calgary Real Estate Winter

Calgary's real estate market showed no signs of heating up in January, as both sales volumes and sale prices dropped again.

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TSX, Dow drop as weak manufacturing reports weigh

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Financial Markets Wall Street

North American stock markets were off to a rocky start this morning as lower oil prices and weak manufacturing data from China and the U.S. set a gloomy mood for investors on the first trading day of February.

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Connected devices quietly mine our data, privacy experts say

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hi-852-big-data-stock

The so-called Internet of Things — the gadgets we strap to ourselves or install in our homes, offices and cars that are connected and controlled by a network — leaves a data trail for hackers.

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The trucks and trains test; barely rolling along

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from :Economics http://ift.tt/1nzHJcy

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