Answer:
Also, my answer was inspired by the person above me! ^^
1. Solo ownership: This refers to a business that is owned and operated by a single person. This is the most traditional form of business ownership and is usually seen in small businesses or startups.
2. Partnership: In a partnership, two or more individuals own and operate the business together. Partnerships can be general, where all partners have equal responsibility and liability for the business, or limited, where some partners have limited liability.
3. Corporations: A corporation is a legal entity that is separate from its owners, who are known as shareholders. Corporations can be small or large, and can be publicly traded or privately held.
4. Limited Liability Company (LLC): A limited liability company (LLC) is a hybrid business structure that combines the liability protection of a corporation with the tax benefits of a partnership. Owners of an LLC are called members and have limited liability for the debts and obligations of the business.
I hope this helps! Let me know if you have any other questions.