4.5: Other Types of Business Ownership
- Page ID
- 3998
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Learning Objective
- Examine special types of business ownership, including S-corporations, limited-liability companies, cooperatives, and not-for-profit corporations.
In addition to the three commonly adopted forms of business organization—sole proprietorship, partnership, and regular corporations—some business owners select other forms of organization to meet their particular needs. We’ll look at several of these options:
- S-corporations
- Limited-liability companies
- Cooperatives
- Not-for-profit corporations