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Showing posts from January, 2019

What are Various or say different types of Businesses?

Here are the types of businesses from the point view of selection: Most Profitable business High Sales business but low margins, High Growth Business Hot Selling/Trending now business Evergreen Businesses example Food, Milk products Futuristic business example solar, renewable energy businesses Business that can run themselves on autopilot example online website just add content once and keep earning from advts. No capital required Business Business types as per legal: Trading business - being wholesaler or distributor called B2B Retail Business called B2C B2G businesses include Road, bridge constructions companies Manufacturing Service provider business e.g Accounting service Start ups - any new idea innovation launched and sold Whom to ask Business advice for business ideas: All Chartered Accountants CAs that you know All friends, relatives, neighbors All faculties at Business Education Institutes Business consultants Bank managers, credit/loan givers...