Types of Businesses and Ownership
Business Studies · Grade 9 · Business Fundamentals · 1.º Período

Types of Businesses and Ownership

An examination of different business structures, including sole proprietorships, partnerships, corporations, and franchises.

Ontario Curriculum ExpectationsA2.1 compare the characteristics of different types of business ownershipA2.2 evaluate the advantages and disadvantages of various forms of business ownership

About This Topic

An examination of different business structures, including sole proprietorships, partnerships, corporations, and franchises.

Key Questions

  1. What are the advantages of a sole proprietorship?
  2. How does a corporation differ from a partnership?
  3. Which form of business ownership is best for a local startup?

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