Types of Businesses

A service done by one or more experts

Rick Henson secondary school

Kumon

Definition: A firm owned, controlled, and operated by a group of users for their own benefit.

Examples:
Farmers of North America
Auto Club Enterprises

tax-exempt organization formed for religious, charitable, literary, artistic, scientific, or educational purposes.

The Red Cross

Definition: Type of business entity owned by one person. The owner is in charge.

Examples:
Green Thumb Landscaping
Canada Computers & Electronics

manufacturing makes and sells products made from raw material.

Canadian Natural resources

Canada's Papers

Definition: A business owner by an entrepreneur or entrepreneurial group, offering a product or service labeled by a corporation.

Examples:
KFC
Burger King

Selling goods and services online on the internet

Amazon

Uber

Purchase of finished goods to resell them

Wal-mart

Calvin Klein

Definition: Type of business that is separate and distinct from its owners. Corporates are owned by their stockholders.

Examples:
Ford
Adidas

Definition:
A legal business formed by two or more people who share management and profits.

Examples:
Apple
Hawlett Packard (HP)