Types of business: key to successfully setting up a company
Posted: Wed Feb 12, 2025 3:18 am
If you still don't know, what is the most appropriate turn for your company? This is an essential step to formalize and consider the essential phases of the production process , did you know?
Continue reading the post and learn about the subcategories of the line of business linked to the type of company and according to the productive area to which your company is dedicated.
What is the company's business?
Known as the classification given to any undertaking according to the type of activity or sector in which the economic activity is carried out.
Depending on the type of chile phone number list business, it is located in any of the types of activities that are derived to offer different products or services to the community.
Classification of types of business activity
Business segmentation occurs according to the type of activity the company carries out. From there, classification is obtained in different categories such as:
Giro industrial
They stand out as businesses that offer products manufactured with transformed raw materials.
Therefore, they are located at the beginning of the production chain due to their focus on the production of manufactured products from processed materials. Within the industrial sector, there are different categories such as:
– Production goods
Aligned with the manufacturing of material, which is delivered to other companies to process it and obtain another product.
– Consumer goods
Characterized by offering manufactured and finished consumer goods to other industries, for example: companies that sell chairs.
Business turn
According to consumer goods, facilitating their access and availability to new customers who show interest in purchasing them. In this category are:
Wholesalers
Its role is to provide large volumes of merchandise to manufacturers and their ability to distribute them on a retail scale.
In conclusion, wholesale companies do not come into contact with end customers.
Retailers
Those companies that purchase manufactured goods or materials from large companies.
Therefore, its commitment and objective will be only to offer to buyers and end consumers.
Commission Agents
They focus on only selling goods or services, but without receiving commission on sales, since they are products delivered on consignment.
Service turnover
They are characterized by offering intangible services that add shared value to the community or sector to which they offer the service.
A good example is medical office companies, which are focused on offering personalized attention and focused on serving patients.
These business lines cannot be touched and are intangible. Among the categories we can find some such as:
Why is it important to determine the company's line of business?
It is essential that each new company can build and form the foundations of the business line aligned with the type of idea . To do this, it is advisable to consider different aspects such as:
Know the type of industry
Plan and develop an action plan
Estimate profitability and project projections
Based on the points raised, some conditions can be established for undertaking and tackling the commercial project, depending on the type of activity.
Continue reading the post and learn about the subcategories of the line of business linked to the type of company and according to the productive area to which your company is dedicated.
What is the company's business?
Known as the classification given to any undertaking according to the type of activity or sector in which the economic activity is carried out.
Depending on the type of chile phone number list business, it is located in any of the types of activities that are derived to offer different products or services to the community.
Classification of types of business activity
Business segmentation occurs according to the type of activity the company carries out. From there, classification is obtained in different categories such as:
Giro industrial
They stand out as businesses that offer products manufactured with transformed raw materials.
Therefore, they are located at the beginning of the production chain due to their focus on the production of manufactured products from processed materials. Within the industrial sector, there are different categories such as:
– Production goods
Aligned with the manufacturing of material, which is delivered to other companies to process it and obtain another product.
– Consumer goods
Characterized by offering manufactured and finished consumer goods to other industries, for example: companies that sell chairs.
Business turn
According to consumer goods, facilitating their access and availability to new customers who show interest in purchasing them. In this category are:
Wholesalers
Its role is to provide large volumes of merchandise to manufacturers and their ability to distribute them on a retail scale.
In conclusion, wholesale companies do not come into contact with end customers.
Retailers
Those companies that purchase manufactured goods or materials from large companies.
Therefore, its commitment and objective will be only to offer to buyers and end consumers.
Commission Agents
They focus on only selling goods or services, but without receiving commission on sales, since they are products delivered on consignment.
Service turnover
They are characterized by offering intangible services that add shared value to the community or sector to which they offer the service.
A good example is medical office companies, which are focused on offering personalized attention and focused on serving patients.
These business lines cannot be touched and are intangible. Among the categories we can find some such as:
Why is it important to determine the company's line of business?
It is essential that each new company can build and form the foundations of the business line aligned with the type of idea . To do this, it is advisable to consider different aspects such as:
Know the type of industry
Plan and develop an action plan
Estimate profitability and project projections
Based on the points raised, some conditions can be established for undertaking and tackling the commercial project, depending on the type of activity.