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2: Different types of business Classification of businesses - Coggle…
2: Different types of business
Classification of businesses
by size
Challenge of sizes measurement
factors applicable
annuel tournouver
emplyement
The European Commission model sizes
Large enterprises
employ 250
€50 million
Medium-sized enterprises
employ < 250
= < €50 million
Small enterprises
employ < 50
=< €2 million.
Micro enterprises
< employ 10 people
=< €2 million
Commune caracterises
affordable goods or services1-
enough income2-
working team3-
Differences characterises small in compare to bigger
operate
owned and managed
more emotionally
personal management style
flatter hierarchies
innovation,
resources
financial resources .
management
by Ownership structures and legal forms
definition
types
owned by
one person or a small group
numbers of shareholders
charitable foundations or trusts,
the state.
model in United Kingdom
Sole trader
Definition
responsibilities
keep profits and paying
Rights
Limited company
definition
types
private limited companies
public limited companies
Rights
own property
finances are separate
profits belongs to the company
share its profits
the people who own the shares
Directors may be share owners
responsibilities
finances are separate
financial liabilities are limited
Business partnerships
Definition
types
general partnership
limited partnership
sizes /industry/ownerships
Relations
size businesses requirement for industry
sector and legal form related
by industry sector
industry
definition
Grouping
industry classification model
1- The primar
2- the secondary
3-The tertiary
4- the intellectual activities
in same industry Groupe
differences
operating
influence
in terms
investment required
complexity
technology used
marketing
Similarities
impact by industry context
opportunities
challenges
issues
Reasons of classification by industry sector
help government agencies
financial ratings agencies