5 types of bussiness

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

Examples: K Master Electronics

Green Thumb Landscaping

A business that buys completed goods and sells them to consumers

Walmart

Toys R Us

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

KFC

Tim Horton's

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.

American Airlines

Best Buy

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

Nike

Apple