week29

Week -29

MONDAY
Sole proprietorship a business owned and operated by one person (Approx. 70 % of all US business)

TUESDAY
Partnership - legal agreement between two or more people to be jointly responsible for the success or failure of a business. (Approx. 10 % of all US business)


WEDNESDAY

Corporation legal entity created by either a state or federal statute authorizing individuals to operate as an enterprise

THURSDAY

Franchise legal agreement to sell parent company’s product or service in designated geographic area