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

vendredi 28 août 2015

Drone-killing laser weapon demoed by Boeing

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Drone laser Boeing

A laser weapon that can down a drone from hundreds of metres away in under a minute now really exists.



Source:CBC | Business News http://ift.tt/1JBo6Ev

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Drone-killing laser weapon demoed by Boeing

08:45  , , ,  No comments

Drone laser Boeing

A laser weapon that can down a drone from hundreds of metres away in under a minute now really exists.



Source :CBC | Business News http://ift.tt/1JBo6Ev

Read More

TSX gains as oil moves above $44 US level

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Financial Markets Wall Street

Oil resumed its rapid climb on Friday, punching through $44 and giving a boost to the Toronto stock market.



Source :CBC | Business News http://ift.tt/1PD6blo

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TSX gains as oil moves above $44 US level

08:29  , , , , , ,  No comments

Financial Markets Wall Street

Oil resumed its rapid climb on Friday, punching through $44 and giving a boost to the Toronto stock market.



Source:CBC | Business News http://ift.tt/1PD6blo

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Ottawa posts $5B surplus for first 3 months of fiscal 2015

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Parliament Hill

The federal government has taken in $5 billion more than it spent since April, the Department of Finance revealed Friday.



Source:CBC | Business News http://ift.tt/1Ub2KJo

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Ottawa posts $5B surplus for first 3 months of fiscal 2015

08:29  , , ,  No comments

Parliament Hill

The federal government has taken in $5 billion more than it spent since April, the Department of Finance revealed Friday.



Source :CBC | Business News http://ift.tt/1Ub2KJo

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SkyGreece airline temporarily stops, blaming financial crisis

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Toronto SkyGreece

SkyGreece apologized to customers and blamed the Greek economic crisis for its problems Friday after announcing it was temporarily stopping operations.



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

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