This document discusses the main forms of business ownership: 1) Sole proprietorships are owned and run by one individual who receives all profits. 2) Partnerships are arrangements where two or more parties agree to cooperate to advance their mutual interests. 3) Corporations are separate legal entities from their owners, with shareholders owning portions determined by their shares. Members are known as shareholders.

1. CHAPTER 2
FORMS OF BUSINESS OWNERSHIPS

2. SOLE
PROPRIETORSHIPS
FORMS OF BUSINESS OWNERSHIPS PARTNERSHIPS
COORPORATIONS COORPORATIVE

3. SOLE
PROPRITORSHIPS
Is owned and run
by one individual
who receives all
profits.

4. 1)The sole partnership is the simplest business form under
which one can operate a business.
2)The sole proprietorship is not a legal entity
3)It simply refers to a person who owns the business and is
personally responsible for its debts
4)Is popular business form due to its simplicity, ease of setup
and nominal cost.

5. PARTNERSHIP
S
Arrangement where parties agree to corporate to
advance their mutual interests

6. 1)Partnership is a business owned by two or more
people
2)It have 3 typical clasifications of for-profit
partnerhips :
-general partnerships
-limited partnerships
-limited liablity partnerships

7. CORPORATIONS
• A separate legal entity from its owners

8. 1)Members of the corporation known as shareholder
2)Their share in the ownership,control and profits of
the corporation is ditermined by their portion of
shares

10. 1)Co-operative is a member-owned business structure with
at least five members
2)A co-operative is a separate legal entity and members
3)Usually only allows a limited distribution of profits to
members.

11. As a conclusions, Forms of business have 4 types :
-Sole Proprietaryships – Partnerships – Corporations – Coorperatives
-sole proprietaryships are when a person made his own business in single
or alone without any partners
-partnerships is when a groups of people doing business by 2 or more
people
-corporations is when a groups of professionals person doing separate
business guided by a groups ofofficers that nown as Board of Director
-coorperatives is when a groups of people with maximum 5 people

12. Thank you~