Types of Businesses
Service
A service done by one or more experts
Rick Henson secondary school
Kumon
Co-Operative
Definition: A firm owned, controlled, and operated by a group of users for their own benefit.
Examples:
Farmers of North America
Auto Club Enterprises
Non-Profit
tax-exempt organization formed for religious, charitable, literary, artistic, scientific, or educational purposes.
The Red Cross
Sole Proprietorship
Definition: Type of business entity owned by one person. The owner is in charge.
Examples:
Green Thumb Landscaping
Canada Computers & Electronics


Manufacturing
manufacturing makes and sells products made from raw material.
Canadian Natural resources
Canada's Papers
Franchise
Definition: A business owner by an entrepreneur or entrepreneurial group, offering a product or service labeled by a corporation.
Examples:
KFC
Burger King

E-Commerce
Selling goods and services online on the internet
Amazon
Uber
Merchandising
Purchase of finished goods to resell them
Wal-mart
Calvin Klein
Corporation
Definition: Type of business that is separate and distinct from its owners. Corporates are owned by their stockholders.
Examples:
Ford
Adidas

Partnership
Definition:
A legal business formed by two or more people who share management and profits.
Examples:
Apple
Hawlett Packard (HP)
