Ownership

In business, ownership refers to the legal control and rights an individual or entity holds over a business, encompassing the legal framework that dictates how the business is structured, managed, and operated. It determines who has the rights to profits, the responsibilities for debts and losses, and the capacity to make decisions. 

Common forms of ownership include sole proprietorships, partnerships, private and public limited companies, and cooperatives, each with distinct advantages and disadvantages regarding liability, taxation, and continuity.

Key Aspects of Business Ownership

Types of Business Ownership Structures

Ownership Services