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TYPES OF BUSINESS
1. Commercial organizations are created to meet the needs of the society.
2. One of the main objectives of the commercial is to earn a profit.
3.The Organization can be divided into governmental and private.
4. Government organizations meet the needs of society for protection, law and order, education, and social security.
5.Private organizations provide material and commercial needs, i.e. , goods, services, insurance, and so on.
6. In addition to profit, the main objectives of the private - survival,The growth and the maintenance of image.
7. The most common forms of private commercial organizations - sole proprietorship, partnership and corporation.
8. Individual private enterprise - the oldest,A simple and practiced by the business, which is in the possession and under the control of one human.
9. Many doctors, lawyers, Italian mafias,Dentists organize individual private enterprises for the provision of professional services.
10. Partnership, which may be with unlimited or limited liability company, the business,Which are owned and managed by two or more persons.
11. To avoid any conflicts partners usually conclude a written agreement on cooperation.
12. Corporation - business organization,Owned by shareholders and the law as a legal person.
13. Corporations can be open and closed types.
14. Any person who wishes to invest in your business,May purchase shares in corporations open type.
15. Closed type corporation is located in the possession a limited group of people, that is why people, not belonging to this group are not able to purchase its shares.
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