- Business Ownership
- Holding Company (Parent Company)
- Subsidiary Company
- Privately Held Company
- For Profit vs Nonprofit Organizations
- Public Company vs Private Company
- S Corporation (S Corp)
- LLC vs Partnership
- LLC vs Sole Proprietorship
- LLC vs Inc (Corporation)
- Types of Bankruptcies
- Chapter 7 vs Chapter 13 Bankruptcy
- Key Man Clause
- Proxy Vote
- Private Sector vs Public Sector Banks
Forms of Business Ownership
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.
Subsidiary company is the one that is controlled by another company, better known as a parent or holding company.
Privately Held Company
Privately held company is a company that is not listed on any stock exchange.
For Profit vs Nonprofit Organizations
For profit organization is built to serve the business owners. Whereas The nonprofit organization is built to serve the society at large.
Public Company vs Private 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.
S Corporation (S Corp)
S Corp is one such category of business entity that stands for small business corporation and its taxed under subchapter S of chapter 1 of the internal revenue code.
LLC vs Partnership
LLC can be formed by one individual. Whereas Partnership can’t be formed by a single individual.
LLC vs Sole Proprietorship
LLC can be formed by one individual. Whereas Sole proprietorship is managed by the owner himself.
LLC vs Inc (Corporation)
LLC is perfect for small & medium-sized businesses that have fewer shareholders. Whereas Inc is perfect for large organizations (or organizations that plan to go big).
Types of Bankruptcies
Chapter 7 Bankruptcy is also referred to as “complete bankruptcy,” or “straight bankruptcy,” or “liquidation,” which is believed to be the most frequent form of bankruptcy being filed among persons.
Chapter 7 vs Chapter 13 Bankruptcy
Guide to the top differences between chapter 7 vs chapter 13 bankruptcy. Here we discuss the chapter 7 and chapter 13 bankruptcy differences with examples, infographics, and comparison table.
Insolvency is when a company is unable to pay its due when it’s time.
Key Man Clause
Key man clause is an important clause for an investment firm that prohibits them from making investments when the key executives are not available for fail to devote time to the investments.
When on behalf of a shareholder, a person casts a vote – it is called a proxy vote.