Types of Business Organization?

In general there are six types of business organizations. A Sole Proprietorship, when you go it alone. General Partnership, where there are two or more partners who are liability for the business. Limited Partnership, where the partner’s liability to the company is equal to their contribution. Corporation, when investors are involved. ‘S’ Corporation is when the company is treated like a partnership for tax purposes. Limited Liability, where all of the members has some type of limited liability.