5 Types Of Businesses
Manufacturing Business
A manufacturing business is any business that uses components, parts or raw materials to make a finished good. These finished goods can be sold directly to consumers or to other manufacturing businesses that use them for making a different product.
General Electric
Toyota
Apple
Coca-Cola
Acer
Service Business
A service that is delivered to business customers by business units. It is a business people are willing to pay for but they do not result in a product you can touch. For example, delivery of financial services to customers of a bank, or goods to the customers of a retail store.
Dog Walking
Babysitting
Moving Services
Tutor
Taxi
Merchandising (Retail) Business
Merchandising is a business that purchases finished products and resells them to consumers in such a way that it grabs the attention of customers to make a purchase. It is the most common type of business.
Wal-Mart
Home Depot
Toys-R-Us
Target
Kohl's
E-commerce/E-business
The e stands for "electronic networks" and describes the application of electronic network technology to enhance the business. However, E-commerce covers outward-facing processes that touch customers, suppliers and external partners, including sales, marketing, purchasing of supplies for production such as office supplies. On the other hand, an E-business includes e-commerce but also covers internal processes such as production, inventory management, finance, and human resources.
Amazon
E-bay
Kijiji
Adidas
Nike
Non-profit Organization
A business that is granted tax-exempt status by the Internal Revenue Service. Non profit organizations are usually donation/charity organizations. They must disclose a great deal of financial and operating information to the public. This is because consumers want to ensure their donations are going to a good cause.
Sick Kids
Doctors Without Borders
American Red Cross
Salvation Army
United Way