Sole Trader vs Limited Company Sole trader and limited company are two major forms of business. When starting up, it is very important to decide on the structure of the business as it has many implications for both the owner of the business as well as his dealings with other businesses. Both sole trader and limited […]
Difference Between Corporation and Cooperatives
Corporation vs Cooperatives Businesses can take many forms and corporations and cooperatives are two examples of businesses only. Like corporations, cooperatives are also managed by people but the basic difference lies in the motive that brings people together in corporations and cooperatives. In the case of cooperatives, people come together for common good and the […]
Difference Between Trust and Company
Trust vs Company Trust and Company are two words that are often used in the sense of organization. They have shown some differences between them in terms of their functioning and characteristics. A company is a form of business organization. It is a conglomeration of individuals and assets with a common aim towards the attainment […]
Difference Between LLC and INC
LLC vs INC LLC and INC are two types of business structures. When starting a business, it is very important to think about the nature in which it will operate. There are various options as far as choosing the name, getting recognition from the state, protecting the assets and having the best tax privileges is […]
Difference Between TM and Registered Trademark
TM vs Registered Trademark TM and registered trademark are familiar symbols you may have noticed on some products. They are used by companies to signify that certain products are theirs or are uniquely provided by them. They do, however, have some differences, legal differences mostly. TM or trademark is denoted by the symbol ™. It […]
Difference Between Joint Venture and Strategic Alliance
Joint Venture vs Strategic Alliance Joint venture and Strategic Alliance differ from each other financially and legally too. There is difference between them in their definitions too. A joint venture is indeed a contractual agreement between two or more companies that come together in business in terms of the performance of a business task. A […]
Difference Between Joint Venture and Partnership
Joint Venture vs Partnership Joint Venture and Partnership are normally considered one and the same but strictly speaking there is a lot of difference between the two. Two or more companies join together to get into business in the case of a joint venture. On the other hand two or more individuals join together to […]
Difference Between Shareholders and Stakeholders
Shareholders vs Stakeholders Shareholders and Stakeholders are people who have some interest in the company in which they have either financial or non financial stake. But to differentiate between shareholders and stakeholders, we have to understand the meanings of two words. As the name implies, shareholders are people who have some shares or stock of […]
Difference Between Subsidiary and Division
Subsidiary vs Division Subsidiary and division are business arms of a company. Subsidiary is a divisional company owned by the parent company. A division is on the other hand is a portion of the business that operates under a different name. This is the main difference between subsidiary and division. Division is the equivalent of […]
Difference Between Corporation and Incorporation
Corporation vs Incorporation Incorporation is the forming of a new corporation. A corporation on the other hand is a formal business association with a publicly registered charter recognizing it as a separate legal entity. The corporation may be a non-profit organization, a business, sports club, or a government of a new city or town. It […]
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