Sole traders- You run your own business and are self-employed. You are personally responsible for everything that happens in your business.
Limited companies- A limited company basically means that your personal finances are separate from your businesses finances, but as a result, there is often more management responsibilities as well as reporting.
Partnerships- Run by two or more people. Often there is a contract called "deed of partnership", which states how much capital each person has contributed, and also how profits and losses will be shared.
Social enterprises- They focus on improving financial, social and environmental well-being, the most popular example is a charity which focuses more on income and running a business.
Charities- Very similar to a social enterprise except they MUST demonstrate both a charitable purpose and public benefit.
Unincorporated associations- Things such as a voluntary group or a sports club, which is set up via an agreement between a group of people who come together for something other than wanting to make a profit.
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