Knowing what type of business a person is or was involved can provide valuable information. Business records can produce information on business contacts, business locations, start date, end date, and much more. One interesting piece of information available to uncover through business records is the actual business type. The type of business a company is operating as can tell you a lot about how the business is taxed, how many people could be involved, and liability responsibility.
The most common types of business structures include Sole Proprietorship, Limited Liability Company, Partnership, and Corporation.
Sole Proprietorship: In a sole proprietorship there … Read More