$\backslash$table$[[$Business Type,Characteristic$],[$Proprietorship$,$Owned and operated by a single individual$],[,$Subject to double taxation$],[,$Has a retained earnings account on its balance sheet$],[,$One owner may be held personally liable for actions taken on behalf of the business by different owner$],[,$Profits benefit a single individual$],[,$Frequently uses legal agreements to define profit distribution for two or more owners$],[,$Most highly regulated form of business$],[,$The business dissolves with the death of its only owner$],[,$Offers the least caparity to raise capital$],[,$Provides the best opportunity to benefit a few people$],[,$Has only one capital account on its balance sheet$],[,$Provides for easy transfer of ownership$],[,$Offers the highest level of control over operating decisions$],[,$Has multiple capital accounts but no retained earnings account on its balance sheet$],[,$Provides the greatest capacity to raise capital$],[,$Least regulated form of business$],[,$Usually operated by a professional management team that is separated from the owners$],[,$Has two or more owners who are not stockholders$]]$