Types of business organization

What organization type should the person use? A guy wants to start ferrying people with his longtail boat

• Sole Proprietorship

• Partnership

• Public Corporation

• Private Corporation

What organization type should the person use? The owner's company has hundreds of products and he wants his family to keep control of the company for generations.

• Sole Proprietorship

• Partnership

• Public Corporation

• Private Corporation

What organization type should the person use? The entrepreneur wants to take their existing company into a high-risk venture (new product) with a huge burn rate (basically they need to spend a lot of money)

• Sole Proprietorship

• Partnership

• Public Corporation

• Private Corporation

What organization type should the person use? A carpenter and a painter decided to start a small home furnishing business.

• Sole Proprietorship

• Partnership

• Public Corporation

• Private Corporation

What organization type should the person use? You decided to open a fashion clothing store.

• Sole Proprietorship

• Partnership

• Public Corporation

• Private Corporation