"You don't build a business, you build people, then people build the business.” -Zig Ziglar. A sole proprietorship is a business that is owned and operated by a single person. This is the most frequent business structure among American business owners. The majority of small businesses begin as sole proprietorships. This sort of business is often controlled by a single person who is also in charge of the day-to-day operations. The partnership is the second type of corporate ownership. Partnership is a term used to describe a group of traders that work together. A joint stock company is a group of people, known as shareholders, who band together for profit and agree to provide capital in the form of transferable shares to carry on a certain business. A cooperative organisation is a type of private ownership that combines the characteristics of a broad partnership with those of a private firm. The Public Sector is the name given to the sector of public enterprises. The government, either alone or in collaboration with the company, controls or operates public companies. The private sector is a non-government sector that serves personal interests. The primary goal is profit rather than service.

Abhijith S

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