5 types of business ownership and 5 forms of business ownership

Non profit

A company that helps the environment or a religion without keeping any profit example terry fox foundation and IWK healthcare

Service

A company that provides the customer with some sort of job that the customer is willing to pay for example Canadian tire and MrLube

Merchandising

A company where it sells already made products to other companies

Manufacturing

A company that makes products from raw materials and sells it to merchandising companies example Hilcorp and Stryker

E-commerce

A company that makes the customer buy and sell products on their platform example any online store or Kijiji and eBay

Sole participation

Company owned by a single individual example Walmart and Ebay

Partnership

Company owned by 2 or more people example Microsoft and apple

Corporation

A company owned by a group of people like shareholders example Adidas and 7-11

Franchise

When the company makes third party retailers pay for their taxes and etc example MacDonalds and Pizza hut

Co operative

Firm owned by a group of people for self benefit example Dairy farmers and access communications