Types of companies: their characteristics and areas of work
The society and the market are nowadays full of forged organizations with the purpose of offering goods and services to the population. These organizations, the companies, have great differences between them.
That is why they can be established Classifications to distinguish between different types of companies from several criteria, as we will see throughout this article.
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Company: a simple description
It is understood as a company all that organization that offers a series of goods and services , generally for economic and / or commercial purposes, to those who request their services. For this, they require a specific structure and resources to maintain it, which can be obtained in different ways.
There are companies of many types, which We can arrange according to different criteria . Some of these criteria are the type of activity they perform, the origin of the economic resources necessary for them to carry out their activity, in what territorial sphere they act, their legal constitution or even their size.
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1. Types of companies according to economic sector
A type of classification of companies it has to do with the economic sector and the activity group they perform.
1.1. Companies in the primary sector
These are organizations that base their economic activity on the collection of raw materials, which allow the subsistence and subsequent transformation of these materials. These are essential companies without which the existence of the other two sectors would not be possible. Within this sector we find activities such as agriculture, livestock, fishing and mining.
1.2. Companies in the secondary sector
The companies of the secondary sector are in charge of the transformation of raw materials, converting them into different goods ready for consumption. Within this sector are included activities such as construction and industry , both in terms of manufacturing and energy transformation.
1.3. Companies in the tertiary sector
The tertiary sector is based on all those activities linked to the creation and management of services that guarantee the welfare of the population. In today's western societies they tend to be the most prevalent business types in the big city . Within this group we can find companies dedicated to medicine, education, psychology, commerce, tourism and hospitality, social assistance, transport, security, administration or the arts, for example.
2. According to the control of resources
Another way to classify companies is according to the origin of the resources that they possess . In this sense we find the following types of company.
2.1. Public enterprises
These types of companies are those that are found managed by the State administration .
2.2. Private businesses
In private companies the economic resources p they come from particular individuals .
2.3. Concerted companies
These types of organizations are managed by generally private organizations, although they are subordinated and partly subsidized by the administration .
3. According to the territorial sphere in which they operate
Where a company acts can also be a criterion when classifying companies. We can find the following types.
3.1. Local company
It is one of the most common types of companies, which limits its field of action to a single location , as a city or a town. For example, a butcher shop.
3.2. Regional company
Its scope of action is limited to a specific region, such as for example, an autonomous community .
3.3. National company
The company in question pYou can act throughout an entire nation .
3.4. Multinational company
The company offers its services in more than one country, having a great reach and expanding your business opportunities , although it also means more investment.
4. According to its legal constitution
According to the legal constitution of the. company in question we can find the following types of company.
4.1. Corporate
It is about the type of company that supposes the elaboration of a society, that is to say that it supposes the association of several people linked by contract. They suppose the creation of a legal entity different from that of the different members that compose it . Within the corporate companies we can distinguish several types of companies such as corporations, cooperatives or limited liability companies.
4.2. Autonomous
It's about companies carried out by a single person , which assumes all responsibility and uses its own resources to deal with the opening and maintenance of its business.
5. According to the size of the organization
The size of the company, depending on the number of workers, existing capital and turnover, also allows us to establish three types of companies.
5.1. Small company
Small companies are understood as those in which the number of workers does not exceed fifty, invoice less than ten million euros annually and of which the equity owned does not exceed said amount. Usually it is about small businesses or companies circumscribed to a specific locality.
5.2. Medium company
The medium company usually has between fifty and two hundred and fifty employees, billing less than fifty million euros and having a total assets of less than forty-three million. Regional companies and even some national companies are usually within this consideration.
5.3. Big company
The multinationals are usually in this group. It's about companies with a turnover of more than fifty million and a total asset greater than forty-three. Generally they tend to own more than two hundred and fifty employees.
