Talk Show America

Friday, March 4, 2011

What are the four types of business organizations that sell products or services?

    There are four different types of business organizations.Sole Proprietorship, Partnership, 
Corporation, and 
Non-Profit Organization. Lets start with Sole proprietorship.


    Sole Proprietorship is when you start your own business with permission from the government. You use the governments prices and get to sell your own products. 


    Partnership is when you join with another person to help you run a business. If you wanted to make a business and you didn't have enough money you get a partner. See its that easy.


    Corporation is when you have stocks in the business. Like what we do in our stocks project thats part of a corporation business.



    Non-Profit Organization is when you don't always use your   products to get money for your business. It dose not distribute its products to share holders. 

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