Bussiness Administration

Running head : BUSINESS ADMINISTRATION

Business Administration (Your Name (Your institution 's name (Your Instructor 's name

Abstract

There are basically three types of partnerships . They are sole proprietorship business , partnership business and corporation . This essay includes an example of all the three businesses and tries to collect the main reason why the proprietor decided to make each of the business either a sole proprietorship , partnership or a corporation . The essay also tries to analyze the purpose of the business

Business Administration

Jain Builders

Jain Builders is a business owned

by Mithalal Jain . The purpose of the business is to construct buildings on vacant lands and then sell the flats in the buildings to earn money . The main reason why Jain builders decided to start a sole proprietorship business was that during the times of its establishment , the cost of land was not as high and the proprietor had enough capital to start the business . Hence , he did not have to look for further partners to contribute capital

Chrysalix Energy Partnerships

Chrysalix Energy is a partnership firm that supports compelling technologies and invests in them . It also invests in entrepreneurial management teams addressing global energy industry 's changing demands Chrysalix Energy Partnerships had to opt in for a partnership business as the company needed quite a large amount of capital and it found that they could fulfill their monetary as well as entrepreneur skill requirements with a partnership firm

Sakuma Exports

Sakuma Exports is a corporation that registered as a corporation...