When you are setting up a business as an entrepreneur, you can do so by setting up your organization's business ownership in a very structured way. The types of business ownership include sole proprietorship, partnerships, corporations, limited liability company etc.
Here provide you with all the resources that you need for understanding the types of business ownership.
Most important topics discussed here include -
What is the difference between Sole proprietorship and LLC business ownership?
What is an S Corp?
What is the difference between buisness ownership of LLC and Partnerships?
Difference between LLC and INC (Corporations)
What is a privately held company?
What is a subsidiary?
What is the difference between a public company vs a private company?
Difference between for-profit and nonprofit organization
What are the types of Bankruptcies?
Holding Company (Parent Company)
Holding company is a company with majority voting rights of other companies to control its management and the operations of that company.
Public company takes the help of the general public and loses out on the ownership, and they need to adhere to the regulations of SEC. Whereas private company takes the help of private investors and Venture Capital.
Difference Between Private and Public Sector Banks
Private sector banks are usually known for their highly competitive outlook and technological superiority. Whereas Public sector banks are known for their better organizational structure and greater penetration in customer base.