A sole proprietorship is the simplest form of business ownership.
In the UK - it's as simple as filling out a 'change of ownership' form. The form is sent to the DVLA who will update their database.
2
The possessive form of a noun shows ownership. It is formed by adding an apostrophe and an "s" ('s) to the noun, such as "Sarah's book."
It called Possessive
There are three types arrangements occur in foodservice operations. They are franchises, chains and independent ownership.
Loose decision making
a corporation is the most difficult to form.
Owners who have one shop that is part of a franchise chain has a partnership type of ownership and there is often a specific type of ownership designated specifically for franchise owners.
sole proprietorship
corporation
compare and contrast any two form of business ownership