How many people own a business in a Sole Proprietorship

More Capital

In a corporation they have limited life

Easiest one to set up

Company does not die when the owner dies

How many owners are there in partnership

In a sole Proprietorship the owner gets all the money

Partnerships have limited life

Corporations have unlimited liability

In sole Proprietorship the have unlimited liability

Owner makes all the decisions

people can buy stocks

This type employs specialists

Formation Expensive