Types of businesses
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Types of Businesses PowerPoint PPT Presentation


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Types of Businesses . Service Business – Doing something for other businesses or consumers Retail Business – Sells goods; buys items from a producers, resells then to a consumer Not-For-Profit – Meets specific community needs Manufacturing Business – Produces products from raw materials.

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Types of Businesses

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Types of businesses

Types of Businesses

Service Business – Doing something for other businesses or consumers

Retail Business – Sells goods; buys items from a producers, resells then to a consumer

Not-For-Profit – Meets specific community needs

Manufacturing Business – Produces products from raw materials


Web businesses

Web Businesses

E-Commerce – Electronic Commerce; shopping with Internet access

Domain Name – Internet address

Website Hits – The number of people who visit the website

See p. 55 for growth of websites; as of June 2013, 4.72 Billion sites


Business terms

Business Terms

GDP – Gross Domestic Product; the total dollar value of all goods and services produced in a country, in one year

Debt Financing – Borrowing money to run a business

Equity Financing – Using your or inventors savings to run a business

Forecasting – Determining (estimating) how much you will need to run your business

Revenue – The amount of money gained from the sale of a product or service


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