Chapter 5: How to Form a Business
Basic forms of Business Ownership
There are three major forms of business ownership:
Sole Proprietorship a business that is owned, and usually managed by one
Partnerships a legal form of business with two or more
Chapter 6: Entrepreneurship and Starting a Small Business
Entrepreneurship is accepting the risk of starting and running a business.
The Job-Creating Power of Entrepreneurs in the United States
The history of the United States is the history of its entrep
Chapter One: Taking Risks and Making Profits within the
Dynamic Business Environment.
Entrepreneurship and Wealth Building
Business: any activity that seeks to provide good and services to other
wile operating a profit.
Good: Tangible products such as com