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Specific Types of Companies

Specific types of companies refer to the various forms that a business can take. Some common types of companies include corporations, partnerships, and sole proprietorships. Continue Reading Below  

About Specific Types of Companies

Specific types of companies refer to the various forms that a business can take. Some common types of companies include corporations, partnerships, and sole proprietorships. A corporation is a business that is legally separate from its owners and is owned by shareholders. A partnership is a business that is owned by two or more individuals who share the profits and losses of the business. A sole proprietorship is a business that is owned and operated by a single individual.