define company ? explain types of company
Answers
Explanation:
A company is a body corporate or an incorporated business organization registered under the companies act. It can be a limited or an unlimited company, private or a public company, company limited by guarantee or a company having a share capital, or a community interest company.
Companies can be classified into different types based on their mode of incorporation, the liability of the members, and number of the members. ... Public Company (or Public Limited Company) Private Company (or Private Limited Company) One Person Company.
A company is a type of business. ... It is often a business organization which makes goods or services in an organized manner and sells them to the public for profit.
there are four main types of businesses: Sole ProprietorshipsSole ProprietorshipA sole proprietorship (also known as individual entrepreneurship, sole trader, or proprietorship) is a type of an unincorporated entity that is owned only, Partnerships, Limited Liability Companies (LLC)Limited Liability Company