Corporations
Corporations are the most complicated form of business ownership. Remember, while it is more complex, it provides safeguards that sole proprietorships and partnerships do not. Read this section to learn about the most common type of corporation, the C Corporation. You'll also learn some important information about purchasing ownership in a publicly traded corporation in the form of stocks.
Benefits of Incorporation
Specialized Management
Because of their size and ability to pay high sales commissions and benefits, corporations are generally able to attract more skilled and talented employees than are proprietorships and partnerships.