Business can be defined as an organization that provide goods and services to others, who want to do or need them, when people think of business careers, they have to think of job in large wealthy corporation, there are wide verity of career areas in business line. Business Entity is an organization that possesses a separate existence for tax purposes. Some types of business entities include corporations and foreign corporations, business trusts, limited liability companies, and limited partnerships
The two basic types of business entities are sole proprietorship and partnerships.
Sole ProprietorshipSole proprietorship type of business entity which legally has no separate existence from its owner.… Read the rest