# Define sets for the Venn diagram
set1 = corporation.union(similarities)import matplotlib.pyplot as plt
from matplotlib_venn import venn3

# Define the sets of similarities for Corporation, Partnership, and Sole Proprietorship
corporation = {
    "Limited liability",
    "Separate legal entity",
    "Perpetual existence",
    "Ability to raise large capital"
}

partnership = {
    "Shared decision-making",
    "Relatively easy to establish",
    "Pass-through taxation (general partnerships)"
}

sole_proprietorship = {
    "Complete control",
    "Direct taxation",
    "Easy to set up and dissolve"
}

# Shared features between the types
similarities = {
    "Profit motive",
    "Registration often required",
    "Operate under local laws",
    "Ability to hire employees"
}

set2 = partnership.union(similarities)
set3 = sole_proprietorship.union(similarities)

# Create the Venn diagram
venn = venn3([set1, set2, set3], ('Corporation', 'Partnership', 'Sole Proprietorship'))

# Customize the labels
venn.get_label_by_id('100').set_text("Corporation-only features")
venn.get_label_by_id('010').set_text("Partnership-only features")
venn.get_label_by_id('001').set_text("Sole Proprietorship-only features")
venn.get_label_by_id('110').set_text("Corp & Partnership common")
venn.get_label_by_id('101').set_text("Corp & Sole Proprietorship common")
venn.get_label_by_id('011').set_text("Partnership & Sole Prop common")
venn.get_label_by_id('111').set_text("All three types common")

# Add a title
plt.title("Similarities and Differences of Business Types")

# Show the diagram
plt.show()