Catégories : Tous - partnership - service - corporation - manufacturing

par Rahela Mojadiddi Il y a 5 années

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5 Types/Forms of Businesses

Businesses can be categorized into different types, each with unique characteristics and purposes. Service businesses focus on providing intangible products such as assistance and labor to their customers.

5 Types/Forms of Businesses

5 Types/Forms of Businesses

Non-Profit

A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive

E-Commerce

Buying and selling of goods or services using the internet

Manufacturing

The making of goods or wares by manual labor or by machinery, especially on a large scale
Definitions

Merchandising

Businesses that purchases finished products and resells them

Service

The action of helping or doing work for someone

Co-operative

A co-operative business is organized by a group of individuals that usually have a common/ economic goal

Franchise

Example:
A franchise is a business opportunity where the franchisee can start the business using the franchiser's expertise, ideas, and process

Corporation

A corporation is a legal entity that is separate and distinct from its group of owners.

Partnership

A legal form of business operation between 2 or more individuals who share management and profits.
Definition

Solo Proprietorship

Examples:
The solo proprietorship is the simplest business form under which one can operate a business.
Definition: