Basic Form of Business Ownership

Although forms of business ownership vary in each country, there are several forms that are considered common:

* Company individual: individual companies is a business whose ownership is held by one person. Individual business owners have unlimited liability for corporate assets. That is, if the loss of business, the owner who had to bear all the losses.

* Fellowship: Fellowship is a form of business in which two or more people working together to operate the company to make a profit. Just as individual companies, each partner (community members) have unlimited liability for corporate assets. Community can be grouped into partnership alliances and partnerships.

* Company: The Company is a business whose ownership is held by some people and supervised by the board of directors. Each owner has a limited responsibility for corporate property.

* Cooperative: is a business consisting of persons or legal entities with a base cooperative activities based on the principle of cooperation as well as a popular economic movement is based on the principle of the family. Cooperative aims to provide welfare for its members. The main characteristic that distinguishes cooperative with other business entities are members of the cooperative has a double identity. Dual identity that is a member of the cooperative are the owners and users of the service cooperatives. wikipedia