different types of business associations
Types of Business Organization. It is important that the business owner seriously considers the different forms of business organizationâtypes such as sole proprietorship, partnership, and corporation.Which organizational form is most appropriate can be influenced by tax issues, legal issues, financial concerns, and personal concerns.artnership. A Partnership consists of two or more individuals in business together. Partnerships may be as small as mom and pop type operations, or as large as some of the big legal or accounting firms that may have dozens of partners.