# data[].attributes.body
1. Sole - A person who owns the business and is personally responsible for its debts
2. Partnership - is most often formed by a written agreement between two or more individuals or companies
3. Corporation -  It is owned by its shareholders who elect a board of directors to oversee the organization's activities
4. Limited Liability Company - Is a business structure in the United States whereby the owners are not personally liable for the company's debts or liabilities
5. Franchise - It is the original business. It sells the right to use its name and idea. Also buys the right to sell the franchisor's goods or services under an existing business model and trademark

# data[].attributes.body
Sole -
1. It Is easy to form and operate
2. If the business makes a profit, it will increase the owner’s income by that amount
and the owner is responsible for any taxes due

Partnership-
1. Doesn't pay taxes on its income but "passes through" any profits or losses to the individual partners
2. Retain full, shared liability among the owners

# data[].attributes.body
Sole-
1.Uncertain business life
2.Limited view in business management

Partnership-
1. Disagreements
2. Loss of autonomy

# data[].attributes.body
Corporation-
1. Attracts investors
2. protection from Legal liability

Limited Liability Company-
1. pass through taxation
2. no restrictions of the number of members allowed

Franchise-
1. Market support
2. Financial assistance

# data[].attributes.body
Corporation-
1.Tax Liability
2. More Complicated

Limited Liability Company:
1. More Expensive
2. Limited Life

Franchise-
1. Marketing/advertising fees
2. Locked into operation by long term contract

# data[].attributes.body
Sole - Single person art studio and local grocery
Partnership - GoPro & Red Bull
Corporation -  Coca-Cola Company, and Toyota Motor
Limited Liability Company - Anheuser-Busch, Blockbuster and Westinghouse
Franchise - McDonald's and Subway