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Business is owned by someone. There can be one person or many persons owning it. Depending on the objectives of the business there can be number of business organizations. The aim of the business is to make profit for its members. This paper discusses the three main types of organizations. These are sole proprietorship, partnership and company form. All these three are entirely different from each other. Their formation, working and owners are entirely different from each other. The legal framework applicable to these entities is also different. There are different measures to check the size of these businesses. Number of employees, number of outlets, revenues, capital structure, finance, market value, number of owners, etc. is some of the common measures to check the size of the business.
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