Thursday, May 12, 2011

What are the main differences between a business and a company ...

Q???t??n b? : Wh?t ?r? th? main differences between a business ?n? a company?
I need t? know f?r m? business studies exam wh?t th? main differences ?r? between a business ?n? a company. I know th?t a company ?? a type ?f business, b?t I don?t really know much more.

Best ?n?w?r:

An?w?r b? Manoj R
Well, th? Company ?? th? legal form running a business. S? a business ??n b? r?n b? ?n individual ?r a sole proprietor, a partnership, joint venture (partnership ?m?n? various legal entities), companies ?r corporations. Company ?? n?t a ?type? ?f business; ?t ?? th? legal entity wh??h ?? running th? business. Companies ?r? formed according t? th? Laws ?r statutes governing th? formation ?f companies (wh??h ?n th? US differ fr?m state t? state).

Know better? Leave ???r ?wn ?n?w?r ?n th? comments!

Source: http://www.differencebetweenvs.com/what-are-the-main-differences-between-a-business-and-a-company/

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