There are some basic business structures that can be applied in different types of businesses and that use them. There are several basic organizational structures, the first being the sole proprietorship, partnership and corporation. Here each individual organizational structure has its own characteristics as well as some advantages and disadvantages from its own point of view. The organizational structure can be applied according to the situation where the type of position and business structure can be adopted. Here are different organizational structures following with their advantages and disadvantages. 1: - Sole proprietorship: - Sole proprietorship is the simplest type of business organization. Sole proprietorship is a business where there is only one owner who can manage and control all the activities. Sole trader