BF - Kinds of Business

A business owned and operated by solely one person

• Single Proprietorship

• Partnership

• Corporation

• Cooperative

A form of business ownership that keeps their dealings, assets and bank accounts separate from their personal interest

• Single Proprietorsip

• Partnership

• Corporation

• Cooperative

Easy to form and does not require huge amount of capital to establish

• Single Proprietorship

• Partnership

• Corporation

• Cooperative

Two or more people sharing their ownership, contributes money, property or skills

• Single Proprorietorship

• Partnership

• Corporation

• Cooperative

A group of people, who work together, coordinate and collaborate their actions to achieve common goals.

• Cooperative

• Corporation

• Partnership

• Single Proproetorship

Kinds of business generally use their employees to provide intangible product or service to customers using their professional skills, advice and expertise

• Manufacturing Companies

• Merchandising Companies

• Service Companies

Kinds of business that sell tangible product wherein they buy finished or almost finished gods from their suppliers and resells the same to customers

• Manufacturing Company

• Merchandising Company

• Service Company

Kinds of business that sells goods directly to customers like sari-sari store

• Buyrer

• Retailer

• Wholesaler

Kinds of company that create their own products, use raw materials, components or parts which are processed using machines, computers and labor to produce finished goods

• Manufacturing

• Merchandising

• Service

Kinds of business activities that sells product and goods to retailers

• Buyer

• Reseller

• Retailer

• Wholesaler