Business Ownership

In the first section, this page discussed business organizations based on their ownership structure: sole proprietorship, partnership, and limited

Many organizations exist in the real world. They may operate in the private sector or the public sector. They may be sole proprietorships and

What’s it: A public-private partnership is an arrangement in a public sector project involving the private sector. It is a long-term

What's it: A non-governmental organization (NGO) is an organization legally formed without the participation or representation of any

You may find some examples of social enterprises around you. The keywords are they balance economic, environmental, and social. Social enterprises

What's it: Limited liability means the owner is not obligated to pay off the business debts. Together with unlimited liability, it is about how

What's it: A private limited company is a company whose shares are not listed on a stock exchange, have limited liability, and have a separate

What's it: A public limited company is a business organization in which the legal entity is separate from the owners, has a limited liability,

What's it: A partnership is a business organization in which two or more parties work together and combine resources to advance their common

What's it: A sole proprietorship is a business organization at its simplest. One person runs, is responsible for, and has complete control over