Future Minutes

TODAY'S NEWS | 2023-10-03

General Types of business

Posted on February-18-2023 

1. Service Business: A business that provides a service to customers, such as a restaurant, a hair salon, a repair shop, a consulting firm, etc.

2. Retail Business: A business that sells goods to the public, such as a clothing store, a grocery store, a hardware store, etc.

3. Manufacturing Business: A business that produces goods, such as a car manufacturer, a computer manufacturer, a furniture manufacturer, etc.

4. Wholesale Business: A business that sells goods in bulk to retailers or other businesses, such as a clothing wholesaler, a food wholesaler, a pharmaceutical wholesaler, etc.

5. Online Business: A business that operates solely online, such as an e-commerce store, a digital media agency, a digital marketing agency, etc.

6. Franchising Business: A business that grants the right to use their brand name and/or their business model for a fee, such as a fast food franchise, a gym franchise, a retail franchise, etc.

7. Professional Business: A business that provides professional services, such as a law firm, an accounting firm, an architectural firm, etc.

8. Non-Profit Business: A business that provides services and/or goods with the aim of providing social benefit, rather than making a profit, such as a charity, a foundation, an animal rescue organization, etc.

Posted on February-18-2023