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 25 février 2016

Canada should subsidize oil and gas sector more, IEA says

Alberta Oilsands emissions

The IEA suggests a new federal energy research and development strategy would focus on clean energy technologies, carbon capture and storage and environmentally beneficial methods for unconventional oil and gas production.

U.S. begins LNG exports as Canada sits on sidelines

Sabine Pass LNG Terminal in Louisiana

An interesting juxtaposition this week in the North American natural gas markets: The United States announced the historic occasion of its first shipment of liquefied natural gas, while Canada's largest gas producer said it would cut 20 per cent of its staff.

Fading stars


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

Arrive full, leave empty


from: The Economist: Business http://ift.tt/1S3KjE9

Silver-screen playbook


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

Town and company


from: The Economist: Business http://ift.tt/1S3KijJ

The march of the zombies


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