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3 years ago

Observation #2

Business

1 answer:

Maru [420]3 years ago

6 0

Answer:

1. A business name is your business's legal name. It is the official name of the person or entity that owns a company. And, it's the name you use on your government forms and business paperwork.

2. Review common business structures

Sole proprietorship. A sole proprietorship is easy to form and gives you complete control of your business. ...

Partnership. Partnerships are the simplest structure for two or more people to own a business together. ...

Limited liability company (LLC) ...

Corporation. ...

Cooperative.

3. A product is a tangible item that is put on the market for acquisition, attention, or consumption, while a service is an intangible item, which arises from the output of one or more individuals.

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