# data[].attributes.body
WHAT IS IT?
a company expands by supplying independent business owners with an established business, including its name and trademark.
POSITIVES
-less risky than independent businesses
- can make it easier to secure financing

NEGATIVES
-takes a lot of money to start up
-less control of the buisness
EXAMPLES
mcdonald's, wendy's, burger king

# data[].attributes.body
WHAT IS IT?
a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation
POSITIVES
-No ownership restrictions
-Tax flexibility
NEGATIVES
-Fewer fringe benefits
-Ownership is typically harder to transfer than with a corporation
EXAMPLES
Sony, Nike, Pepsi-Cola

# data[].attributes.body
WHAT IS IT?
A corporation is a legal entity that's separate from its owners, there is 4 different types.
POSITIVES
-ability to raise money by selling shares
-advantages when recruiting employees
NEGATIVES
-complex paperwork
-it costs to form a corporation
EXAMPLES
apple, walmart, microsoft

# data[].attributes.body
WHAT IS IT?
A type of enterprise owned and run by one person and in which there is no legal distinction between the owner and the business entity.
POSITIVES
-you get all the profits
-youre your own boss
NEGATIVES
-bank can take your assets
-the buisness relies on you and it's hard work
EXAMPLES
a local grocery store near me(hillcrest hispanic market) , a local clothes store, an artist freelancing

# data[].attributes.body
WHAT IS IT?
A partnership is an arrangement as business partners agree to cooperate to advance their mutual interests
POSITIVES
-sharing all profits
- Easy to get started
NEGATIVES
-sharing all risks
-Unlimited liability
EXAMPLES
redbull, gopro