Businesses - Mind Map

Businesses

Co-op

A cooperative business is an organization owned and controlled by the people who use the products or services the business produces.

Dairy Farmers

Sunkist

Sole Proprietorship

A sole proprietorship is a business that is owned and run by one person and in which there is no legal distinction between the owner and the business entity.

Hot Dog Stand

Local Grocery Store

Partnership

A type of business organization in which two or more individuals take money, skills, and other resources, and share.

Spotify

Louis Vuittion

Corporation

A Corporation is a form of business in which the business identifies itself as a separate legal entity, controlled by a group of people called "the board of directors".

Microsoft Corporation

Roots Corporation

Franchise

A franchise business is a type of business in which one company grants the right to sell its products or services to another company or individual

McDonald's

Subway

Merchandising

A commercial enterprise dedicated to the purchase of finished goods and their resale for a profit.

Home Depot

Lowe's

Service

The action of helping and doing work for someone.

Aviva

FedEx

Manufacturing

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

Ashley Furniture

BMW

Non-Profit

A not-for-profit organization, is a tax-exempt organization formed for religious, charitable, literary, artistic, scientific, or educational purposes.

Habitat For Humanity

Red Cross

E-Commerce

Buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet.

Walmart

Ikea

Types of Business Ownerships

Types of Businesses

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