An organization that operates a business as a sole proprietorship, partnership, corporation, or other entity.
2. Sole Proprietorship
A type of company in which all profits and liabilities flow through to an individual.
A type of company in which all profits and liabilities are shared by more than one person.
4. DBA - (Doing Business As)
When a business conducts its activities using a name other than that of its principal owners.
5. Privately-owned Corporation
A company whose stock is held by a limited number of individuals and cannot be bought or sold through a stock exchange.
6. Publicly-owned Corporation
A company whose stock is listed on a stock exchange and is usually owned by a large number of individual shareholders.
7. Corporate Charter
A document that establishes the existence of a corporation and whose bylaws set organizational and procedural guidelines for its operation.
The owner of a share of stock in a company.