Tag Archives: service-based companies

Difference Between Product-based and Service-based Companies

Difference Between Product Based and Service Based Companies

A company’s business model can be divided into two main categories: product-based and service-based. Understanding the difference between the two is crucial for entrepreneurs and business owners alike. Product-based companies are those that create and sell tangible goods. These goods are typically produced in a supply chain, delivered to a specific location, and then sold […]

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