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Forms of Business
Ownership
Chapter 5:
How to Form a Business
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Overview
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Forms of Business Ownership
Mergers and Acquisitions
Franchising
Forms of Business
Ownership
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Major Forms of Ownership
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Sole Proprietorship: A business owned,
and usually managed, by one person
Partnership: Two or more people legally
agree to become co-owners of a business
Corporation: A legal entity with authority
to act and have liability apart from its
owners
Summary
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bu
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Summary
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Forms of Business Ownership
Mergers and Acquisitions
Franchising
Cooperatives