# data[].attributes.body
A Business owned by 1 person.

Advantages-

-Gets all profits.

-Info kept secret

-Disadvantages

-Time commitment

-No fringe benefits

-Nike

-Mcdonalds

# data[].attributes.body
A Business owned by 2 or more people.

Advantages-

-Shared losses

-Decreased competition

Disadvantages-

-Partner agreement

-Capital contributions

-Master Card

-At&t

# data[].attributes.body
A Business that exists independently of its Owners.

Advantages-

-Shareholders

-Lower tax rate

Disadvantages-

-Annual reports

-Government involvement

-Fed Ex

-Google

# data[].attributes.body
Franchising is a business practice where a company licenses its business model to another company.

Advantages-

-Brand recognition

-Support from an established company

Disadvantages-

-High initial ongoing costs

-strict operation

-Sonic

-Chipotle