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Categories: All - franchise - service - co-operative - manufacturing

by Raeesa Reza - Fairwind Sr PS (1159) 4 years ago

240

Types & Forms of Business

Various types and forms of businesses each come with their own set of advantages and disadvantages. In service-based businesses like Netflix and Uber, the lack of physical inventory simplifies operations but convincing buyers of the need for the service can be challenging.

Liam's Sustainable community

by Liam James Patrick Hewton

Library and Information Science by means of Buddhist way

by Penpan Pecharas

Information-oriented Application Integration

by ahmed mohammed

3D Printing

by Jason Shannon

Forms

Types

Types & Forms of Business

Co-operative

Groupe Credit Agricole

Stocksy United

Co-operative or “Co-Op” type of organization that is both owned and controlled by members who also use services and products under cooperation

Franchise

Subway

Taco Bell

Franchise, a type of license that a party allows them to have access to a business’s proprietary knowledge, processes and trademark in order to allow party to sell product/provide service under the business’s name

Corporation

Dairy Farms

Grocery Stores

Private business organizations that are owned and controlled by people who use the services or good

Partnership

Louis Vuitton x BMW

Uber x Spotify

An arrangement between two or more parties that operate the business and share the profit among themselves.

Sole Proprietorship

Tutoring

Food Stands

A business where there is one owner and they receive the profiting of income and losses and is taxed. It is the simplest where one can manage a business.

Non-profit

Disadvantage: Will need time and money to start

Advantage: Eligibility for grants

Homeless shelters

Cafes

Organization for charitable purposes

E-Commerce

Disadvantage: usually needing a lot of inventory space

Advantage: no physical company setups

Wish

Amazon

Buying and selling of goods or services using the internet with the transfer of money

Manufacturing

Disadvantage: have to train workers to understand new system

Advantage: smoother production workflow

Kylie cosmetics

Tesla

Making goods with raw materials with hands or machinery to sell

Merchandising

Disadvantage: shortage on staff, as the business grows bigger more able bodied workers must be called in and payed

Advantage: there are increased sales by pricing, display, product packaging and arrangement

Types & Forms of Business

Various types and forms of businesses each come with their own set of advantages and disadvantages. In service-based businesses like Netflix and Uber, the lack of physical inventory simplifies operations but convincing buyers of the need for the service can be challenging.

Liam's Sustainable community

Library and Information Science by means of Buddhist way

Information-oriented Application Integration

3D Printing

Forms

Types

Types & Forms of Business

Co-operative

Groupe Credit Agricole

Stocksy United

Co-operative or “Co-Op” type of organization that is both owned and controlled by members who also use services and products under cooperation

Franchise

Subway

Taco Bell

Franchise, a type of license that a party allows them to have access to a business’s proprietary knowledge, processes and trademark in order to allow party to sell product/provide service under the business’s name

Corporation

Dairy Farms

Grocery Stores

Private business organizations that are owned and controlled by people who use the services or good

Partnership

Louis Vuitton x BMW

Uber x Spotify

An arrangement between two or more parties that operate the business and share the profit among themselves.

Sole Proprietorship

Tutoring

Food Stands

A business where there is one owner and they receive the profiting of income and losses and is taxed. It is the simplest where one can manage a business.

Non-profit

Disadvantage: Will need time and money to start

Advantage: Eligibility for grants

Homeless shelters

Cafes

Organization for charitable purposes

E-Commerce

Disadvantage: usually needing a lot of inventory space

Advantage: no physical company setups

Wish

Amazon

Buying and selling of goods or services using the internet with the transfer of money

Manufacturing

Disadvantage: have to train workers to understand new system

Advantage: smoother production workflow

Kylie cosmetics

Tesla

Making goods with raw materials with hands or machinery to sell

Merchandising

Disadvantage: shortage on staff, as the business grows bigger more able bodied workers must be called in and payed

Advantage: there are increased sales by pricing, display, product packaging and arrangement

Mcdonalds

Walmart

Buying from manufacturers and selling themselves in a retail outlet

Service

Disadvantage: it may take time to convince the buyer that they need the service

Advantage: there is no inventory

Netflix

Uber

A transaction where no physical goods are given/taken

Spread the word about Mindomo

Mindomo

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