. Managers • 56 • " – Incentives can be used to align management and stockholder interests – The incentives need to be structured carefully to make sure that they achieve their goal •  – The. Repurchase • 1! – How do we manage the day -to- day finances of the firm? 1-6 Forms of Business Organization • %2) – Sole Proprietorship – Partnership • General • Limited – Corporation • C-Corp • S-Corp • Limited. Company 1-7 Sole Proprietorship • '  – Easiest to start – Least regulated – Single owner keeps all the profits – Taxed once as personal income • 0  – Limited to life of owner – Equity