Raizcorp Functional Entrepreneurship | Page 21

Forms of Ownership Are you looking to start a business? There are numerous ways you can structure your new business, which will play a part in how you run it and who you answer to. If you’re a group starting a business together, or one founder going it alone, you should know the benefits and drawbacks of each structural type. Here are the 5 different types of business structures and how they will impact your business: