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EBME 1.01 Types of Businesses

AB
Sole ProprietorshopA business owned by one person
PartnershipA business owned by two or more people
FranchiseA contract between a parent compnay and a person to sued the name and sell the goods and services of the parent company
Non Profit OrganizationA business whose goal is to provide a service rather than to make a profit
CorporationA business considered separate from the owners of the business by law. The owners are stockholders
Multinational CorporationA compnay that does business and has facilities in many countries.
ServicesTasks that businesses perform or provide for customers
GoodsAKA Product. Items businsses sell that can be phyically weighed or measured p


KYBD and BCT/Computer Skills & Applications Teacher
Lincolnton Middle School
Lincolnton, NC

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