Front

Manufacturer

Back

Takes materials and builds goods to sell.

Front

Wholesaler

Back

Buys goods in bulk and resells to smaller retailers.

Front

Retailers

Back

Buys goods from a wholesaler and sells them directly to consumers.

Front

Service Business

Back

Provides services to customers for a fee.

Front

Special Businesses

Back

Businesses that do not fall into the other four categories

Front

Sole proprietorship

Back

Owned by a single individual

Front

Partnership:

Back

At least two individuals share management, profit, and liability.

Front

General partnership

Back

all have unlimited liability

Front

Limited partnership

Back

One partner has limited liability; others are investors only (no say).

Front

Corporation

Back

A company or group authorized to act as a single entity (legally a person) recognized in law.