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Economics I Sole-Proprietorship I Farrell's Lawn Care and Snow Removal Commercial

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This is the commercial i created using Animoto for the Economics project.

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Owners of M. Luis Construction Co. , Inc.

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DiStefano Brothers Construction: Meet the Owners - Peter

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DiStefano Brothers Construction has grown considerably since Peter graduated from the 10,000 Small Businesses program. Revenue is up 180% in two years and the company has hired 13 new employees. Peter cites the marketing component of the program's curriculum as helping DiStefano Brothers differentiate itself in the marketplace for both potential hires and customers.

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Procter & Gamble Launches Corporate Advertising Campaign

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Toyota Topless Banned Commercial Androgynous Model Sexy Funny Car Commercial

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Chevron Thailand Corporate Commercial 90sec

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- Unlimited Liability
- Limited resources
- Limited Fundraising capability
- Lack of continuity

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- Limited liability
- Transfer of ownership
- Perpetual life
- External sources of funds
- Expansion potential

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- Double taxation
- Forming a corporation
- Disclosure of Information
- Employee-owner separation

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- Freedom
- Easy to form
- Low start-up costs
- Tax benefits

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- Unlimited Liability
- Division of Profits
- Disagreements among partners
- Difficult to terminate

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- More financial resources
- Shared management
- Longer Survival
- No special taxes

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Businesses owned by two or more individuals, called partners

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Sole Proprietorship is a business owned by a single individual

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A corporation has many owners, called shareholders. A share is a fraction of ownership of the corporation.