# data[].attributes.body
A business with one owner

2 Positives:
-Easy to form and operate
-Easy to afford since no legal documents need to be filed in most cases

2 negatives:
-If sued everything goes straight to owner and government does nothing for you
-Profits increase owners personal taxes

Examples:
-ice cream shop
-person art studio

# data[].attributes.body
Is the newest form of business organization

2 positives:
-some operating agreements allow interest to be sold
-most stats allow single member LLC's

2 negatives:
-members are not liable for the debts of the LLC
-profits increase owners personal taxes

Examples:
-Real estate investment
-Motion picture

# data[].attributes.body
Is the same as any other business corporation with one important difference- the IRS allows it to be taxed like a partnership, a pass-through entity

2 positives:
-sell stock to raise capital
-profits do not increase owners personal taxes

2 negatives:
-required to file formation documents
-some IRS regulations on stock ownership

Examples:
-Software company
-A tv chanel

# data[].attributes.body
Has two or more owners.

2 positives:
-Each partner has an equal voice
-few legal requirements

2 negatives:
-two general partners
-profits increase owners personal taxes

Examples:
-Land developer
- music app developer