types based on business
Types of Entrepreneurship Based on Business Type
1. Manufacturing Entrepreneurship
Entrepreneurs produce goods using raw materials and machines.
Examples:
Furniture factory
Bakery production
Clothing manufacturing
Key idea: Making products.
2. Trading Entrepreneurship
Entrepreneurs buy goods and sell them to customers for profit.
Examples:
Grocery shop
Mobile shop
Online reseller
Key idea: Buying and selling.
3. Service Entrepreneurship
Entrepreneurs provide services instead of physical products.
Examples:
Tuition center
Salon
Graphic design business
Repair shop
Key idea: Providing skills or services.
4. Agricultural Entrepreneurship
Businesses related to farming and agriculture.
Examples:
Dairy farming
Poultry farming
Organic farming
Key idea: Agriculture-based business.
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