LOOKING TO START YOUR OWN BUSINESS? CONSIDER THESE TYPES OF OWNERSHIP
Ownership is the starting point of any business right after you have decided on a business idea to implement. The type of ownership you elect will also determine sustainability, secession, liability and possible growth of the business. It is therefore essential that you arm yourself with a wealth of knowledge surrounding the various types of ownership so that you’re confident of the type you will be opting for depending on the kind of business you into which you venture.
Here is a quick video that breaks down the various forms of business ownership: