1 / 12

Types of Businesses

Types of Businesses. What is Business?. All the activities involved in producing and marketing goods and services Ex. Kroger, Ford. LARGE VS. DOMESTIC VS. PROFIT VS. PUBLIC VS. GOODS VS. SMALL GLOBAL NONPROFIT PRIVATE SERVICES. TYPES OF BUSINESSES.

nardo
Download Presentation

Types of Businesses

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Types of Businesses

  2. What is Business? All the activities involved in producing and marketing goods and services Ex. Kroger, Ford

  3. LARGE VS. DOMESTIC VS. PROFIT VS. PUBLIC VS. GOODS VS. SMALL GLOBAL NONPROFIT PRIVATE SERVICES TYPES OF BUSINESSES

  4. LARGE Over 100 employees Have many different departments Ex. Richs, Macys, Ford, Chevrolet, Kmart, Wal-Mart SMALL Less than 100 employees Small budgets and staffs 95% of U.S. business Ex. Florists, gift shops, “Mom & Pop” stores LARGE VS. SMALL

  5. DOMESTIC Buyers in single country Businesses who stay only domestic face losing business **Zaxby’s GLOBAL Exchange among nations Internet makes this easy **McDonalds DOMESTIC VS. GLOBAL

  6. PROFIT Earn a profit for the business they conduct Biggest reason people start businesses Ex. Microsoft: $12 billion in 2000 NONPROFIT Still hire employees and pay expenses All $$ left after expenses goes to charity Ex. Boys/Girls Club, American Red Cross PROFIT VS. NONPROFIT

  7. PUBLIC Operate as businesses do but do not intend to make $$ Ex. Government agencies such as public schools and libraries PRIVATE All businesses not associated with government agencies PUBLIC VS. PRIVATE

  8. GOODS Businesses that sell goods Cars, food, clothing Ex. Gap, Publix SERVICES Businesses that provides services Dry Cleaning, Car Repair Ex. Maaco, Hangers Dry Cleaning GOODS VS. SERVICES

  9. CAN YOU FIGURE THESE OUT? 1) FORD Large or Small 2) LARRY’S EASY PAY Domestic or Global 3) AMERICAN CANCER SOCIETY Profit or NonProfit 4) WINDER-BARROW HIGH SCHOOL Public or Private 5) TEXACO Goods or Services

  10. The different types of businesses are… LARGE SMALL DOMESTIC GLOBAL PROFIT NON-PROFIT PUBLIC PRIVATE GOODS SERVICES

  11. Types of Business Ownership • Sole Proprietorship-owned by one person (76% of all businesses in U.S.) • Partnerships • General Partner • Limited Partner-liable up to investment • Corporations • C-corporation (corporation/shareholders pay taxes • S-corporation (taxed like a partnership-profits taxed at personal tax rate) • LLC- simpler than a corp. protects owners from liability suits • See pg., 143 for comparisons

  12. THE END!!!!

More Related