Английский язык: Аннотирование и реферирование текста

47 What are the various types of ownership? A large corporation may not need the same form of business or- ganization as a small drugstore, a health food shop, a nursing home, or a restaurant. To find the best organization for your business, you will need to understand various types of ownership. There are: • Sole proprietorships • Partnerships • Corporations • Franchises • Cooperatives What is sole proprietorship? The most common form of business organization is the sole pro- prietorship. Sometime it is also called the individual proprietorship. This business is owned by one person. This person usually operates it. Many times is it run with to help of a few employees, often family members. Sole proprietorships can usually operate with very limited capital resource (money). Sole proprietorships exist in a great variety of business. These may include the neighborhood beauty parlor, bike re- pair shop, restaurant, newsstand, or accounting office. The sole proprietorship is the least complicated for of organiza- tion. It is the easiest to enter into and to terminate. Entry requires little more than a location, expertise in the area of business considered, a source of capital, the ability to make contract, and the desire to start your own business. Termination generally requires paying your debts and closing your doors. What is a partnership? Next the sole proprietorships, the partnership is the least compli- cated way to begin and operate a business. A partnership is a business that has two or more (usually not more than five) co-owners. Often, but not always, a partnership is formed when that a sole proprietor takes on additional owners. These additional owners help in certain areas of ex- pertise or skill. They may aid in expanding the business by raising addi-