Difference Between Sole Trader and Partnership

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 Difference Between Sole Trader and Partnership

Difference Between Partnership and Corporation in the Philippines

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 Difference Between Partnership and Corporation in the Philippines

Difference Between Partnership and Limited Company in UK

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 Difference Between Partnership and Limited Company in UK

Difference Between Partnership and Corporation in Canada

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 Difference Between Partnership and Corporation in Canada

Difference Between a Joint Venture and Partnership

A business can come in different forms, like a sole proprietorship, corporation, joint venture or a partnership. Among these types, joint venture and partnership are commonly mistaken for each other. Here are the variations between a joint venture and partnership. A joint venture is a contractual agreement between two companies or parties to join together … Read more Difference Between a Joint Venture and Partnership