Types of Business ownership

​The sole proprietorship is the simplest business form under which one can operate a business.

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A sole proprietorship can operate under the name of its owner or it can do business under a fictitious name, such as Rafie’s coffeeshop

​what do you think are the advantages and disadvantages of A sole proprietorship business?

By definition, consists of two or more people who combine their resources to form a business and agree to share risks, profits and losses. Common partnership business examples include law firms, physician groups, real estate investment firms and accounting groups.

​choose a side, if you are staring a business would you prefer it to be a sole proprietorship business or a partnership business?

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