Unlimited liability, shared control by multiple owners, separate legal entity, and owners share profits and losses.

The characteristics of a sole proprietorship include unlimited liability, complete control by the owner, no separate legal entity, and the owner receives all profits and is responsible for all losses.

Limited liability, complete control by the owner, separate legal entity, and the owner receives all profits and is responsible for all losses.

Limited liability, shared control by multiple owners, separate legal entity, and owners share profits and losses.

A partnership is a business structure in which multiple individuals compete against each other in a company.

A partnership is a business structure in which one individual takes full responsibility for a company.

A partnership is a business structure in which one individual owns and controls a company.

A partnership is a business structure in which two or more individuals share ownership and responsibility for a company.

Shared decision-making, shared workload, shared resources, and shared risks and liabilities.

No decision-making, no workload, no resources, and no risks and liabilities.

Limited decision-making, limited workload, limited resources, and limited risks and liabilities.

Individual decision-making, individual workload, individual resources, and individual risks and liabilities.

Partnership, Sole Proprietorship, Cooperative

General Partnership, Limited Liability Company, Public Corporation

C corporation, S corporation, LLC, Nonprofit Corporation, Professional Corporation

Limited Partnership, Limited Liability Partnership, Benefit Corporation

A government-run organization that provides social services to the community.

An autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise.

A type of business that is owned and controlled by a single individual.

A non-profit organization that focuses on environmental conservation.

Shared ownership and control, democratic decision-making, equitable distribution of profits, and collective bargaining power.

Individual ownership and control, autocratic decision-making, unequal distribution of profits, and lack of bargaining power.

Limited ownership and control, hierarchical decision-making, unequal distribution of profits, and lack of bargaining power.

Shared ownership and control, autocratic decision-making, unequal distribution of profits, and lack of bargaining power.

A franchise is a legal and commercial relationship between the owner of a trademark, brand, or business model (the franchisor) and an individual or group (the franchisee) who wants to use that trademark, brand, or business model in a specific location or territory.

A franchise is a type of loan provided by a bank.

A franchise is a form of government in which power is divided between a central authority and individual states.

A franchise is a type of insurance policy that covers damage to property caused by fire or other disasters.

Type of business structure

Size of the business

Location of the business

Number of owners

A corporation is owned by shareholders and operated for profit, while a cooperative is owned and operated by its members for their mutual benefit.

A corporation is owned and operated by its members for profit, while a cooperative is owned by shareholders and operated for their mutual benefit.

A corporation is owned and operated by its members for their mutual benefit, while a cooperative is owned by shareholders and operated for profit.

A corporation is owned by its employees and operated for profit, while a cooperative is owned by shareholders and operated for their mutual benefit.