BUSINESS TYPES
BUSINESS TYPES
Licensed from iStockPhoto. noun. The definition of business is an occupation or trade and the purchase and sale of products or services to make a profit. An example of business is farming. An example of a business is a house sale.
There are three major types of businesses:
- Service Business. A service type of business provides intangible products (products with no physical form). ...
- Merchandising Business. ...
- Manufacturing Business. ...
- Hybrid Business. ...
- Sole Proprietorship. ...
- Partnership. ...
- Corporation. ...
- Limited Liability Company.
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