ENT-1.05-Business Ownership
Presentation
•
Other, Specialty
•
9th - 12th Grade
•
Hard
Jennifer Barnett
FREE Resource
4 Slides • 0 Questions
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ENT-1.05-Business Ownership
by Jennifer Barnett
2
Sole Proprietorship
The owner assumes all the profits and all the risks
Unlimited liability
70% of the businesses in the US
Typically employ less than 50 people
3
Partnership
Owned by 2 or more people
Share the risks and the profits
Limited liability
4
Corporation
Many owners
Functions independently of its owners
Owners are only liable for the amount they invest in the company
S Corporation-100 or few shareholders
C Corporation-sells millions of shares of stock
ENT-1.05-Business Ownership
by Jennifer Barnett
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