Archive for the ‘Company Management’ Category
These types of companies are given according to the laws of each country. These legal forms are chosen the companies to develop their activities. Choosing a firm legal conditions their activity, rights, obligations, etc.
Here we see the classification of the types of enterprises as legal forms.
Sole: These types of companies is handled by a person with legal capacity to conduct business. The same is responsible for an unlimited service all consequences that may cause the company’s operation.
Partnership: these types of companies that also operate a sole proprietorship, but with the difference that is no longer just driven by one person, but it is run by several partners.
Cooperatives: These types of companies have no profit and are built to manage to satisfy all interests and needs of customers, employees and some suppliers.
Limited partnerships: These types of companies typically have two partners who are the groups that are the ones who have unlimited liability and limited partners are those who have a responsibility to the capital.
Limited Liability: These types of companies is that owners have only a limited responsibilities. These responsibilities only respond to the capital they bring to the company.
Company: These types of companies are limited in terms of responsibility, this depending on the capital. These companies have the advantage that any lender or bank loans granted easily.