Enterprise
In distinction, unincorporated companies or individuals engaged on their own are usually not as protected. Service businesses supply intangible items or providers and sometimes charge for labor or other providers provided to government, to shoppers, or to other companies. The measurement and scope of the business agency and its construction, management, and ownership, broadly analyzed in the theory of the firm. Professions that require particular licenses embody legislation, drugs, piloting aircraft, selling liquor, radio broadcasting, selling investment securities, promoting used vehicles, and roofing. Local jurisdictions may also require special licenses and taxes just to operate a business. A firm, however, is a separate legal entity and supplies for restricted legal responsibility, in addition to corporate tax charges. A company structure is extra complicated and expensive to set up, but presents more protection and advantages for the proprietor. Entertainment companies and mas