arabera JL - 10SS 755061 Rick Hansen SS 10 months ago
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5 types of business and forms business ownership
Businesses can be categorized into several types based on their primary activities. Manufacturing businesses produce and sell their own products, such as cars, clothing, and makeup.
KFC
Pizza hut
Subway
Dominos
Taco bell
Dunkin donuts
Krispy kreme
A license given to a person or organization by a government agency or business to engage in specific commercial activities
Corporation
Amazon.inc
McDonald’s corporation
Microsoft corporation
General Motors corporation
Apple
Walmart
Costco
A company/group of people authorized to act as a single identity and recognized as such in law
Partnership
A partnership is basically an arrangement between 2 or more people to oversee business operations, they share and split the costs.
Ownership
2 Food chains
Law firms
Physician groups
Real estate
Investment firms
Accounting groups
A partnership is basically an arrangement between 2 or more people to oversee business operations, they share and split the costs.
Sole Proprietorship
Lemonade stand
Cleaning service
Marketing services
Web development services
Influencer marketing
Graphic design
Book illustration
Dance studio
Freelance writing business
housekeeper
A Sole proprietorship is a business that is owned by one person
5 Types of business
Non-profit
Charities
Disease research centers
Doctors without borders
Unicef
A business that has been granted tax exempt status because it provides a public service or benefit or a social cause
E-Commerce
Amazon
E-bay
Shopify
Plate Crate
Buying and selling goods/services through different electronic networks
Manufacturing
Car companies
Clothing companies
Shoe companies
Makeup companies
A business that produces and sells their own products
Merchandising
Grocery stores
Gas stations
Retail stores
Bookstores
A business that buys and resells products from other businesses
Service
Auto-Mechanics
Doctors
Hair Stylists
Personal trainer
A business that provides a task or services to consumers for a price or fee