blacksacademy symbol
thumbnail


Start Up


DOWNLOAD
FREE



thumbnail

Different types of business, primary, secondary, tertiary industry


Equations are omitted for technical reasons - download the original pdf

Businesses, or industry, can be classified in three groups. These are: (1) Primary industry - These industries are involved in the extraction or production of raw materials, eg. Mining, farming, fishing, forestry, etc. (2) Secondary industry - These industries are involved in the processing of raw materials, eg. Manufacturing, building, any form of factory work. (3) Tertiary industry - These are the service industries, eg. transport, dentists, doctors, and so on. It is generally easier for most people at start up to start a business offering a service (that is, in the tertiary sector). The capital required for a manufacturing business (secondary sector) is usually prohibitively large.
Contents of
Start Up

1 What is Start Up?
2 Different types of business, primary, secondary, tertiary industry
3 Types of employment
4 Factors of Production, Land, Labour, Capital, Enterprise
5 Successful entrepreneurs
6 The Business Plan
7 Financial Planning
8 Sources of finance
9 Choosing the right location
10 Working from home
11 Renting or buying
12 Insurance
13 Types of Insurance
14 Franchise
15 Small firms

Related articles: (1) Cash Flow Management, (2) Start Up