• By Avery Trendel
•A corporation is a separate legal entity formed
by documents filed with your state.

•It is owned by one or more sharehol...
•A partnership is a business owned and
controlled by two or more people who have
entered into a written agreement
•A sole Proprietorship is a business owned
and run by just one person!!!!!
•A franchise is a written contract granting
permission to operate a business to sell
products and services in a set way.
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Key Area 9

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Key Area 9

  1. 1. • By Avery Trendel
  2. 2. •A corporation is a separate legal entity formed by documents filed with your state. •It is owned by one or more shareholders and managed by a board of Directors
  3. 3. •A partnership is a business owned and controlled by two or more people who have entered into a written agreement
  4. 4. •A sole Proprietorship is a business owned and run by just one person!!!!!
  5. 5. •A franchise is a written contract granting permission to operate a business to sell products and services in a set way.

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