Saving cash is what every citizen in America claims to strive for. Types of Businesses – Owning your individual business is a major part of having great economic success in a capitalistic society. There are numerous varieties of companies to choose from so one of the first selections you will make is the kind of enterprise to open. There are several options to explore for the structure of your enterprise. This text provides you with the definition of three of the most well-liked business types. Most of these businesses are: (1) Sole Proprietorship, (2) Corporation, and (3) Limited Legal responsibility Firm.