Sole Proprietorship: The owner has complete control over all business decisions, allowing for quick and flexible responses but also bearing the full burden of those decisions. Partnership: Decision-making is shared among partners, which can lead to more balanced and considered decisions but may also result in conflicts and slower processes. Corporation: Decisions are typically made by a board of directors, providing a structured and formalized approach but potentially limiting the influence of individual shareholders. LLC: Offers a flexible decision-making process that can be customized in the operating agreement, balancing control and shared responsibility.