Types of Business

Question 1

This is a type of business that earns you income by providing services to your customers.

Answer 1

Service Business

Question 2

This is the most common type of business we see every day. It is a business that buys finished products at a wholesale price and resells them on a retail basis to consumers.

Answer 2

Buy and Sell Business

Question 3

This is another type of business that makes or manufactures goods or items to be sold in the market.

Answer 3

Production Business