Forms & Types

Service

A service type businesses is when a person does an act that you pay for

Examples:

Squeaky cleaning

Resturants

Merchandising

A business that buys products from other businesses and resells them

Examples:

Grocery stores

Gas stations

Manufacturing

A business that produces and sells its own products

Examples:

Automobile companies

Shoe brands

E-Commerce

E-Commerce business is the exchange of goods and services through the internet

Examples:

Aspect home

Vovo et Margot

Non-Profit

SubNon-Profit organizations are not charities, they operate exclusively for social welfare without making profitopic

Examples:

American Red Cross

Artscape

Sole Proprietorship

A sole proprietorship is a business that is owned by one individual

Examples

Photographers

Tutors

Partnership

A partnership business is a business that is owned by 2 or more parties

Examples

Spotify & Uber

BMW & Louis Vuitton

Corporation

A Corporation business is a business that is it’s own separate legal entity

Examples

IKEA

Apple inc.

Franchise

A Franchise is a business between a franchisor and a franchisee

Examples

McDonald's

KFC

Co-operation

A Co-operative business is a business where it's owned by those who either work for it, served by it, or both

Examples

Housing cooperatives

Consumer cooperatives