1. PARTNERSHIP AGREEMENT: It sets up the partnership for success by clearly outlining the business´s day-to-dayoperations and the rightsand responsabilities of each partner.
2. CORPORATE STRUCTURE: Corporate structure refers to the organization of different departments usually performs a specialized fuction while constantly collaborating with each other to achieve corporate goals and values.
3. SOLE PROPRIETORSHIP: Businesses structured as a sole proprietorship allows the owner(s) to have total control over company operations. Businesses that typically form sole proprietorsships are home-based businesses, shop or retail businesses and one- person consulting firms.
