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 31 août 2015

Saskatchewan expects $292M deficit due to fires, oil price collapse

14:29  , , , , , ,  No comments

sk-doherty-kevin-120626

After projecting a surplus in the spring budget, the Saskatchewan government now says it's expecting a $292-million deficit.



Source:CBC | Business News http://ift.tt/1fS19W1

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Saskatchewan expects $292M deficit due to fires, oil price collapse

14:29  , , ,  No comments

sk-doherty-kevin-120626

After projecting a surplus in the spring budget, the Saskatchewan government now says it's expecting a $292-million deficit.



Source :CBC | Business News http://ift.tt/1fS19W1

Read More

Bankruptcies and insolvencies up 10% in June compared to previous year

13:43  , , , , , ,  No comments

deficit debt

Insolvencies by both consumers and businesses were up 10 per cent in June, compared with the year earlier month, according to a report from Statistics Canada.



Source:CBC | Business News http://ift.tt/1LOG3WY

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Bankruptcies and insolvencies up 10% in June compared to previous year

13:36  , , ,  No comments

deficit debt

Insolvencies by both consumers and businesses were up 10 per cent in June, compared with the year earlier month, according to a report from Statistics Canada.



Source :CBC | Business News http://ift.tt/1LOG3WY

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How bad are the numbers? Notley government forecasts record $5.9B deficit

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Joe Ceci

Alberta now forecasts it will end the year with a record $5.9-billion deficit, up more than $800 million from March, as the steep drop in oil prices forces finance officials to revise their estimates.



Source :CBC | Business News http://ift.tt/1O4ajur

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Hydro-Quebec teams with New England firm on proposed power line to New Hampshire

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Hydro Quebec power tension lines

​Hydro-Quebec is teaming up with New England energy company Eversource on a proposed new transmission line that would bring hydroelectricity into New Hampshire.



Source :CBC | Business News http://ift.tt/1O4ajuq

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How bad are the numbers? Notley government forecasts record $5.9B deficit

12:59  , , , , , ,  No comments

Joe Ceci

Alberta now forecasts it will end the year with a record $5.9-billion deficit, up more than $800 million from March, as the steep drop in oil prices forces finance officials to revise their estimates.



Source:CBC | Business News http://ift.tt/1O4ajur

Read More
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