INTRODUCTION TO ENTREPRENEURSHIP
TYPES OF ENTREPRENEURSHIP
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Sole Proprietorship
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Partnership
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Corporation
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Franchise
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Detailed explanation-1: -Many investors can purchase the stock of one C corporation. Investors who become stockholders also can sell their stock without the permission of the other stockholders. Once a stockholder sells his stock, the corporation continues to exist.
Detailed explanation-2: -A corporation is created when it is incorporated by a group of shareholders who share ownership of the corporation, represented by their holding of stock shares, and pursue a common goal. The vast majority of corporations have a goal of returning a profit for their shareholders.
Detailed explanation-3: -Shareholders, or stockholders, are the owners of a company’s outstanding shares, which represents a residual portion of the corporation’s assets and earnings as well as a percentage of the company’s voting power.