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Foundations of Business 6th Edition

Foundations of Business (6th Edition)

Book Edition6th Edition
Author(s)Hughes, Pride
PublisherCengage Learning
Section 4-1: Sole Proprietorships
Section 4-2: Partnership
Section 4-3: Advantages and Disadvantages of Partnerships
Section 4-4: Corporations
Section 4-5: Advantages and Disadvantages of Corporations
Section 4-6: Special Types of Business Ownership
Section 4-7: Joint Ventures and Syndicates
Section 4-8: Corporate Growth
End of Chapter
Social Media Exercise
Building Team Skills
Researching Different Careers
Chapter 4, Section 4-1, Concept Check, Exercise 01
Page 105

What is a sole proprietorship?


It can be referred to as an unincorporated business that is run and owned by one person, it does not distinct between the owner and the business.


This is one of the simplest as well as the most common structure that is normally selected to begin a business.

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