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Sole traders, partnerships, companies or corporations, for-proft social enterprises, cooperatives, micro-financers and public-private partnerships (PPPs).

The common feature of all of these types of business is that one of their
aims is to generate proft. The profts a business receives can be shown
by the following formula:

PROFITS = TOTAL REVENUES - TOTAL COSTS

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INC - Incorporated (USA/Canada)

LLC - Limited Liability Company (United States)

PLC - Private or Public Limited Company (UK)

PTE - Private Limited Company (UK)

LTD - Limited Company (various)

SA - Sociedad Annima (Latin America except Brazil and Mexico)

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INC - Incorporated (USA/Canada)
LLC - Limited Liability Company (United States)
PLC - Private or Public Limited Company (UK)
PTE - Private Limited Company (UK)
LTD - Limited Company (various)
SA - Sociedad Anonima (Latin America except Brazil and Mexico)

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BENEFITS

Price

Dividends

Limited liability

LIMITATIONS

Price

Dividends

Decision making

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When a business reorganizes as a company:

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When a business reorganizes as a company:

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private limited company

public limited company - "the company is going public"

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Business that has a social purpose aiming to improve human, social, or environmental well-being.

The social aim nevertheless takes priority over any other aim such as growth, maximizing sales, or making profits.

For-profit social enterprise can be: sole trader, partnership, or company.

Types: Cooperatives, Micro-financiers and PPP.

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Financial cooperative

Housing cooperative

Worker's cooperative

Producer cooperative

Consumer cooperative

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The main aim is for a social purpose but they do not aim to make any
profts whatsoever. Social enterprises are run as businesses, they generate surpluses rather than profits.

A surplus is similar to a profit. However, rather than be distributed to the owners of the business, the surplus is used to advance the social purpose for which the business was set up.

SURPLUS = TOTAL REVENUES  TOTAL COSTS

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Non-governmental organizations (NGOs)
The aim of these various social enterprises is to support a cause that is considered socially desirable.

Charities
Specific form of NGO whose aim is to provide as much relief as possible for those in need. Charities differ from other NGOs in
that their focus is on philanthropy and a desire to help those who cannot help themselves.