Types of business

Everybody wants to has a business, to be his or her own boss, so no body can tell them what to do? Well, being a boss needs lots of hard-works and involving lots of risks. The boss may loss everything if the boss does not know actually how the business is operating. On the other hand, being a boss can be very rewarding. The boss may see the "Baby" (the business) growing and growing, as well as personal wealth is growing too.
Being the boss has to act like a "superman" and able solve all kinds of problems; the boss must be able to please customers; managing staffs; controlling budget; and etc. But most importantly the boss must know how to read financial statements.
Everybody wants to run a successful business, unfortunatly nobody can be 100% sure fom the time the business starts operating or even purchasing a well running business, what direction the business going to fall to in the future. "THAT IS RISK!" and it is a big risk. But the risk can be lower if the boss has some business background. Firstly, we going to look at what is business?

The business itself consists of people, products, services, customers, suppliers, capital resources and finance. The major classifications of business are :
1. Information: This involving computer, television, Internet, radio, newspapers, magazines and books;
2. Service: Service sector is a provision services, such as photocopy, photo-developing, medical, education, real estate, tourism, equipments repair and legal;
3. Banking and finance: such as banks, private lenders, investment company, insurance company and financial brokers;
4. Retailers: This sector has a massive big group of small operators, such as "mixed business", "mini-mart", ice-cream truck, as well as it can be a giant operator like woolworths and target;
5. Manufacturing: this can be range from backyard operators to giant automated mass production, such as wine makers;
6. Wholesalers: wholesalers them self are a "Middleman" whose buy in bulk from primary producers and sales it directly to public or having distributors to sales the products broadly;
7. Mining and oil: these are involving with natural resources, such as gas, opal, coal, mineral and others;
8. Primary Production: these are normally involving in dairy products, such as farming and agriculture.