Stakeholders Involved in Business

Entrepreneurs

People who take the initiative to turn an idea into a business.

Investors

People who provide a business with the finance it needs.

Employees

Recruited by businesses to assist in the business in return for a wage.

Employers

Recruit staff to work for them.

Managers

People responsible for running the business and achieving its goals.

Producers

The businesses that make products to sell to customers.

Suppliers

The businesses that supply the raw materials needed by the producers.

Consumers and Customers

Consumer - type of customer who buys goods and services for their own use, not for resale.

Customer - people who purchase goods from a business for their own use or for resale to others.

Government

Local and national authorities that set out the rules and regulations for businesses.