This document provides an overview of different forms of business, including sole proprietorships, partnerships, and corporations. It discusses the objectives and contents of the project, which examines types of business forms. Sole proprietorships are owned by one person, partnerships are owned by two or more people in a for-profit business, and corporations can be public or private entities. The conclusion emphasizes understanding the market, operating in a healthy industry, having capable management, and maintaining a consistent business focus.

1. Project Topic Forms of Business Submitted By Ku. Trupti Shankar Chikankar Class : B.B.A Ist Year S.P.College of Chandrapur

2. Contents Introduction Objectives Types Conclusion

3. Introductions of Business Forms A business (also known as company, enterprise ,or firm ) is a legally recognized organization designed to provide good , service , or both to consumers or tertiary business in exchange for money. Business are predominant in capitalist economies , in which most businesses are privately owned and typically formed to earn profit that will increase the wealth of its owners . The owners and operators of private, for profit businesses have as one of their main objective the receipt or generation of a financial return in exchange for work and acceptance of risk. Business can also be formed not to profit or be state owned

4. Objectives of Business Forms

6. Partnership:- a form of for profit business owned by two or more people .there are three typical classification of partnerships : general, limited and limited liability partnerships .

7. corporation:- Can be either public or private in nature . A public company is often listed on the stock exchange and typically has unlimited liability .

8. Cooperative:- Often referred to as a “ Co-Op” a cooperative is a limited liability entity that can be organized for –profit or not for-profit . A for –profit cooperation in that it has members opposed to shareholders , who share decision making authority .

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