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What are the differences between sole proprietorships, corporations, publicly-traded and privately-held companies?

April 26, 2017Business companies corporations differences privately-held proprietorships publicly-traded sole

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What are the differences between sole proprietorships, corporations, publicly-traded and privately-held companies?

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Sole proprietorship means you own the company. Corporations are owned by stockholders. Publicly traded means anyone with the money to do so can buy stock in the company. Privately-held means the stock is owned by a family or small group of investors and not sold to the public.