what is Business and what are the types of business
Answers
Answer:
Typically, 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 ...
Explanation:
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a person's regular occupation, profession, or trade.
"experts who typically conduct their business over the internet"
commercial activity.
"firms who want to do business with Japan"
Types of businesses
Sole proprietorship. ...
Partnership. ...
Limited liability company (LLC) ...
Corporation - C corp. ...
Corporation - S corp. ...
Corporation - B corp. ...
Corporation - nonprofit. ...
Flexibility.
Liability
Complexity
Taxes
Control
Capital investment