| A | B |
|---|
| Sole Proprietorship | a business owned by only one person |
| Unlimited liabilty | full responsibility for your company's debts |
| Partnership | a business owned by two or more persons who share the risks and rewards |
| Corporation | a business owned by many people but treated by law as one person |
| Stock | shares of ownership in your corporation |
| Franchise | a contractual agreement to sell a company's products or services in a designated geographical area |
| Cooperative | an organization owned and operated by its members for the purpose of saving money on the purchase of certain goods and services |
| Producer | a business that gathers raw products in their natural state |
| Manufacturers | businesses that make finished products out of processed goods |
| Wholesaler | distributes goods |
