Entrepreneurial activity, depending on the object of capital application and the results obtained, is divided into several types.
Types of business.
You can start with manufacturing entrepreneurship . This type implies the production of certain goods, the provision of services and the performance of work to sell them to consumers. Depending on the type of main activity, manufacturing enterprise is divided into agricultural, industrial, construction, etc. Large blocks of economic activity are further subdivided into smaller ones, respectively, in industrial entrepreneurship, for example, machine tool construction, machine building, etc. And so for each branch of the economy.
The production type is fundamental to the national economy, since the production of goods and consumer goods is necessary for the state and its economic growth, not to mention the various firms and households. Entrepreneurship enterprises can produce almost all types of goods oriented to specific consumers. Consumers can be firms, populations, or the state. This type of entrepreneurial activity, of course, is associated with other types, but it is its development that directly affects the social level of development of society.
Since it is not always equally beneficial to produce goods in one particular country, there is an international specialization of enterprises for the production of specific goods. If we consider the types of entrepreneurship in Russia, and more specifically, its production type, then almost half of the products and consumed goods are imported from other countries. The development of entrepreneurship in our country is very slow due to high taxes and duties, the risk of unrealized products.
Types of entrepreneurship also include commercial-commercial type of entrepreneurial activity. In order for this species to develop successfully, there must necessarily be a steady demand for goods and a low purchase price. If the purchase price is low, then entrepreneurs reimburse trading costs and make good profits. The risk level of such entrepreneurial activity is relative, given that the main trade is organized by manufactured goods that are characterized by long-term use.
Continuing to consider the types of entrepreneurship, it is also worth mentioning the financial and credit sector. This is a rather specific type of entrepreneurial activity, since the subject of sale is not goods and services, but currency values, securities, etc. To service this activity, there is a whole system of special organizations, such as banks, stock exchanges (currency, stock), financial and credit companies, etc. The state, constituent entities of the Russian Federation, and other municipal entities may also act as entrepreneurs in the securities market.
The activities of financial and credit organizations are strictly regulated by law at the state level, in addition to their own regulations and instructions. One of these laws clearly defines such concepts as a financial organization, the financial services market, and financial services. There are several markets for financial services (securities, financial, banking and insurance services) in which these types of entrepreneurial activities are carried out.
Some authors identify other types and types of entrepreneurship, but the above classification of “Types of entrepreneurship” is used most often.