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S-corporation
you don't.. Family owned and operated
A mutual.
these r divided in to following groups: individual groups: these are owned by the individuals examples are houses ,land owned by a person village or a city
MBE as it relates to business in the United States stands for Minority Business Enterprise. A Minority Business Enterprise is a business owned primarily by African Americans, Asian Americans, Hispanic Americans or Native Americans. Companies that do business with MBEs are often offered incentives such as rebates.
S-corporation
Sole proprietorship
A business owned and operated by one individual is known as a sole proprietorship.
It means the the business is privately owned and operated. It is not owned or controlled by the goverment.
A business that is owned and operated by a single individual is know as a proprietorship
It is not necessary. To be "incorporated" means that the company/business is a corporation which means it is owned by stockholders and operated by officers hired by stock holders. A company can also be a sole-proprietorship (owned and operated by one person) or a partnership (owned/operated by 2 or more people) both of which are not incorporated.
It means the the business is privately owned and operated. It is not owned or controlled by the goverment.
well first of all it would help if you told where you lived == "Locally owned and operated" means that the business is actually owned by someone who lives in the area, and that person also runs the business. Many chains such as KFC will have local owners who own and run one or more stores.Answer KFC and their ilk are franchises and therefore would not come under the aegis of "locally owned and operated", which suggests a degree of independence not available to franchisees.
in a family owned and operated business
cooperative
cooperative.
A small business is a business that is privately owned and operated with a small number of employees.Small businesses are normally privately owned corporations, partnerships, or sole proprietorships.