Business Structure

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Related to business organization: Sole proprietorship

Business Structure

The way a business is organized. The business structure states who owns the company, how profits are distributed and which managers perform what jobs. It is also important for tax and liability purposes, as companies are often taxed differently from each other and managers may have differing levels of responsibility in the event of wrongdoing or a lawsuit. In the United States, the three business structures recognized by the IRS are sole proprietorship, partnership and corporation. Other structures that are legally important (but not for tax purposes) include limited liability company, S-Corporation, and C-Corporation.
References in periodicals archive ?
In addition, Martin will be presenting his 8-hour Business Organizations seminar on the following dates:
But that does not mean business organizations should be reorganized into one group,'' he said.
With threats and opportunities both moving at the speed of the Internet, business organizations no longer have the luxury of crafting their messages through months of executive presentations, high volume editorial meetings and endless corporate wordsmithing.
Rothwell has been named vice president and general manager, Container Plastics Business Organization.
The Potomac Officers Club (POC), Greater Washington, DC's leading business organization for C-level executives, today announced Jim Schleckser has been appointed membership director.
Fundamentals of business organizations for paralegals, 3d ed.
Through its new Japan business network, called the Japanese Business Organization, Arthur Andersen will be able to serve clients throughout the world with consistent service and shared resources.
The Bermuda International Business Association (BIBA) is a business organization of Bermuda resident service providers who provide quality banking, legal, accounting, financial, trust, management and e-commerce services and products to the international client.
The association became the third large and influential Valley business organization to endorse an independent Valley city, following the United Chambers of Commerce of the Valley and the regional Association of Realtors.
Description: The Japan business network, called the Japan Business Organization (JBO), has more than 200 Japanese professionals working closely with local-country professionals in 37 cities to deliver high-quality audit, accounting, business advisory, tax and information consulting services to Japanese companies that operate throughout the world.
ExecutiveBiz was launched in 2002 as the official newsletter of the Potomac Officers Club, Greater Washington's leading business organization for C-level executives.
is a specialized business organization for companies and professionals involved or interested in becoming involved with business and trade in Russia and other republics of the former Soviet Union.

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