Differences and Similarities
The abbreviations Corp. and Inc. can often be found with the names of businesses. Corporations use both Corp. and Inc. at the end of their company name, but would have to choose between the two. Although both abbreviations refer to an incorporated company and have the same implementations, entities can only use one consistently. Here … Read more
There are various types of business structure and they start from the most basic – sole trader, partnership, and corporation. These types are further divided into different forms. In this article, we will discuss the difference between a sole trader and a private limited company. Sole Trader A sole trader is also called a sole … Read more
There are three main business structures – sole proprietorship or sole trader, partnership and corporation. In this article, we will touch the topic of a sole trader. Here, we will differentiate a sole trader and partnership. Sole Trader A sole trader is also known as a sole proprietor. Its most basic definition is a business structure … Read more
Composed of over 7000 islands, the Philippines has been a destination for tourists looking for an affordable vacation spot. This and the amount of people retiring in the country has made the Philippines a good place to start up a business. In this article, we will feature the differences of a partnership and corporation in … Read more
There are different business structures to choose from in the United Kingdom. If you’re thinking of putting up a business in UK, it would be best to know the differences between each type. Knowing each type will help you figure out which is best for your business venture. Here, we will compare a partnership and … Read more
There are many types of businesses. The most basic classification would be sole proprietorship, partnership and corporation. Even then, the description of these business types vary by country. In this article, we will list the differences between a partnership and corporation in Canada. Partnership In Canada, a partnership is defined as a non-incorporated business that … Read more