Business Work: Business Structures

business work: This article will deal with the two more common types and the differences between them, according to Hamilton Spectator. Sole proprietorship This business structure quite literally means you are the sole owner and, generally, the sole operator of the business. Related Stories J.R Thomson CPA, CGA Professional... There are actually four types of business structures in Canada sole proprietorship, partnership, corporation and co-operative. This structure is common for people who are starting a business for the first time. You are entitled to keep any profits earned by the business. It can be as exciting as it is demanding because you, the owner, are responsible for making the business work. (www.immigrantscanada.com). As reported in the news.