by Mustafa Mustafa - Rick Hansen SS (2542) 6 years ago
388
Forms and type of Business
Various business structures cater to different needs and goals. A sole proprietorship is the simplest form, owned and operated by an individual. Franchises involve entrepreneurs running businesses under a brand'
Non-Profit:
Non-profit business is a type of a business in which no owners shares in profits and losses and which exists not to earn revenue.
Institute
YMCA
E-Commerce:
It is a system for buying and selling of goods and services using the internet as the mean of exchange.
Internet
Stockexchange
Manufacturing:
A manufacturing business is a business that uses raw materials to make finished good which can be directly sold to consumer.
Camera
Fridge
Movie
Sports
Merchandising:
Merchandising business is a business which purchases finished products and sell them to consumers.
Service:
A service is a business that provides intangible products which you can’t feel or touch.
Education
Transportation
Forms of ownerships
cooperative:
A cooperative is a private business organization that is owned and controlled by the people who use its products, supplies or services.
Eureko
Zenkyoren
franchise:
A franchise business is a business owned by an entrepreneur or an entrepreneurial group, offering a product or service labeled by a corporation.
Popeyes
McDonalds
corporation:
A form of business operation that declares the business as a separate, legal entity guided by a group of officers known as the board of directors.
Best Buy
7-eleven
Partnership:
A type of ownership which is a legal relationship formed by the agreement between two or more individuals to do business as co-owners.
BMW and Louis Vuitton
GoPro and Redbull
sole proprietorship:
The sole proprietorship is the simplest business form under which one can operate a business.