A business is defined as an institution or advancing entity involved in commercial, industrial, and professional activities. Both types of organizations can be involved in a business, whether they are profit organizations or non-profit organizations.
Business can simply be defined as any institution that generates revenue in return for providing goods and services. The goal of any business is simple i.e. to become profitable. Some common types of businesses in Pakistan are discussed In this article;
1)E-commerce.
2) Online tutoring.
3) Photography.
4) Beauty salon.
5) Event Management.
6) Real estate investment.
7) Catering.
E-commerce
E-commerce (electronic commerce) is a type of business in which we buy and sell goods and services, or transfer funds or data with the help of an electronic network, basically on the Internet. An example of an E-commerce business is Amazon.
Amazon is a good example of an E-commerce business. It sells a wide range of products such as baby products, electronics, beauty products, gourmet food, books, software, music, movies, apparel, groceries, health and personal care products, Kitchen items, jewelry, watches, industrial and scientific supplies, and many other products.
Characteristics of an e-commerce business model
In an E-commerce business platform, buyers and sellers have only one way of communication and that is that is the internet. It doesn’t work like other businesses In which both the parties can meet physically. Buyers and sellers can communicate through the internet, buying and selling items that are delivered through different delivery routes.
Online tutoring
Online tutoring is defined as the process of teaching individuals in which tutors and students communicate with each other independent of their geological locations with the help of the internet in a good virtual environment.
The role of an online tutor is to provide basic academic instructions to students outside the school. Online tutors can interact with students one-on-one or in small groups electronically. The meetings can be through audio or video sources. An online tutor can also play its role through other means of communication such as e-mails or internet messages.
Characteristics of a good online tutoring business
1) Standard of teaching.
2) Customized instruction.
3) Advanced technology and equipment.
4) Convenience and flexible schedule.
5) Student feedback.
6) Tracking the progress of students.
7) Good customer service.
8) marketing and branding consciousness.
9) Pricing competition.
10) Constant progress.
Photography
Photography is the process of an image or a photograph on a light-catching film. In digital photography, the image is record on a digital electronic or magnetic memory. It is simply an art in which light is chapter with a camera with the help of a digital sensor or film, to produce an image.
A good quality camera equipment can capture different wavelengths of light including visible, ultraviolet, infrared, and radio waves. The image of any object produc by the camera and film is called a photograph.
Qualities of a good photograph
1)A good photo has an attractive structure.
2) A good photograph contains a display of emotions.
3) Good storytelling.
4) Good elliptical appearance.
5) Eye-catching moments.
6) Contrasting concepts.
7) A good image often contains unique gestures.
Beauty salon
A beauty salon is an institution that serves a wide range of cosmetic treatments and cosmetic services for men and women. The range of services a good beauty salon offers may include hair cutting and styling, manicures, pedicures, cosmetics, make-up, and makeovers.
A beauty parlor is a place that is specifically improve for women just like a barber shop. Which is specified for men. However, a beauty salon is the type of business that welcomes individuals offering hair cutting, coloring, and other types of services regardless of their gender.
Qualities of a good beauty salon
1)Good and clean environment.
2) Professionalism.
3) Standard of service.
4) Standard Quality products.
5) Use of Sanitary equipment.
6) Creativity.
7) Advanced technology.
8) Welcoming atmosphere.
9) Organized environment.
10) Task specification.
Event Management
Event management is the process of organizing and supporting an event. This process includes all the stages of an event ranging from organizing strategy to catering and decorations of the event venue. At first, an event manager confirms the time, location, and theme of the event from the client and makes plans and decisions.
The role of an event manager is to organize the event, supervise the event live, and ensure that everything goes as planned. An event manager reviews event data analyzes strengths and weaknesses to make sure their work is improved after each event.
Catering
Catering is the process of making food and offering food services for clients who cannot cook and are living away from their homes for jobs or other purposes. Atering agencies offer food, drinks, and other services to different customers for special events, makeup, education, and business sectors.
Catering is one of the main components of any successful event. Food is an important factor for any successful event to remembered as good or bad for every guest. Everyone enjoys and appreciates good, fresh, and standard-quality food served at an event.
Conclusion
Business may be an inclusive term but specifically designates the activities of those engaged in the purchase or sale of commodities or related financial decisions.