Available under Creative Commons-NonCommercial-ShareAlike 4.0 International License.
There are three forms of business organization: sole proprietorship, partnership and corporation. Sole ownership or proprietorship is by far the most common, but corporations control most assets and sales.
|
The legal form of a firm is usually indicative of the actual form of business organization, but not always. For example, a few small businesses are incorporated, but owned by only one shareholder actually. |
- 1400 reads
