bussiness

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5 types of bussiness

Manufacturing

A manufacturing business is any business that uses components, parts or raw materials to make a finished good.

Apple

Nike

Corporation

Owned and operated by a group of people for their own benefit. Each member contributes equity capital, and shares in the control of the firm.

Best Buy

American Airlines

Franchising

A franchise business is a business owned by an entrepreneur or a group of entrepreneurs selling a good or service led by a corporation that helps them coming from a business standpoint

Tim Horton's

KFC

Merchandising

A business that buys completed goods and sells them to consumers

Toys R Us

Walmart

Service business

Definition:A service business is a team that works together and completes tasks for the benefits of its customers

Green Thumb Landscaping

Examples: K Master Electronics