Types of Business

Today i am going to tell you four main types of business :

• Manufacturing :Manufacturers are business that use raw materials such as leather, waste material or different products.Some examples of manufacturing business are shoemakers, furniture makers etc.

• Service Provision : Service Provision is a business that sell particular service such as transportation, delivers, cleaning etc.

• Wholesaling : Wholesalers are business that buy large quantities of goods for manufactures and resell those goods to retailers who resell them to customers at a profit.

• Retailing : Retailers purchase goods from Wholesalers or suppliers to resell at a profit.Some examples of retail business sre grocery stores, clothings stores etc.