Sole Proprietorship
A sole prpprietorship is the simplest from of business ownership. One person owns the business and manages all of its affaris, and the sole proprietor is not considered an entity separate from the business.

Joint Venture

A joint venture is an association of persons or entities with the intent of engaging in a single business venture for profit. The key difference between a joint venture and a general partnership is the fact a joint venture is formed for a single transaction or project or a related series of transactions or projects.