Answer:
The company is another word for a profit-making company, but it is usually associated with the company's entrepreneurship. Employer successful individuals are often referred to as "entrepreneurship."
Explanation:
Sole proprietorship:-
A company run by a single person with unlimited responsibility for any damages that result from operations within the company typically for its benefit.
Partnership:-
An enterprise run by two or more private persons or entities, but not necessarily equal.
Corporation:-
If the company is subject to lawsuits, a lucrative entity created to protect the owner(s) from responsibility. Depending on how many owners there are, there are different forms of companies.
Limited Liability Company:-
An LLC offers a company legal protection and a partnership's tax treatment.
Professional Company:-
PCs and PLLCs are used to supply liability protection similar to the one for licenced professional firms such as accountable, architects, engineers, physicians, and lawyers.
