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

jeudi 28 janvier 2016

Stocks higher as oil surges to $34 on rumour of Saudi production cut

Oil rigs

North American stocks were trading higher on Thursday as oil companies are surging along with strong earnings reports for companies like Facebook and Under Armor.

Coming clean?


from: The Economist: Business http://ift.tt/1WPKTFy

A corrosive climate


from: The Economist: Business http://ift.tt/1PHYnni

Flexible figures


from: The Economist: Business http://ift.tt/1PHYn6S

House pride


from: The Economist: Business http://ift.tt/1PHYn6C

iPhone, therefore I am


from: The Economist: Business http://ift.tt/1PHYmjb