Companies are grouped according to specific criteria that allow businesses to be differentiated within various industries.
The most common classification is based on economic activity, but it also considers other aspects such as legal form, size, geographic scope, origin of capital and use of technology.
Let's get to know each type of company number data according to its classification and some examples that will help you better understand these classifications.
Economic activity
As their name indicates, they are focused on the type of activity and sector they manage:
Primary
Secondary
Tertiary
Example : A textile factory is a company in the secondary sector, as they are dedicated to the production of clothing.
Geographical scope
The types of companies in this classification depend on the scope of your business:
Local
Regional
National
Multinational
Transnational
Example : Coca-Cola is a transnational company, it operates in several countries around the world with different brands.
Origin of capital
This classification refers to the origin of the funds with which the company is managed:
Public
Private
Mixed
Example : Tiendanube is a private company, which operates from private resources.
Size
Here it depends on the number of employees the company has, because as we mentioned above, a business can start with one person.
Microenterprise
Small business
Medium-sized enterprise
Big company
Example : Toyota is a large company, as it has more than 2,000 employees.
Legal constitution
This classification is defined by the legal identity you have within your country.
Public limited company
Limited liability
Collective
Cooperative
Limited partnership
Simplified action
Example : Amazon is a company classified as a public limited company, this is because it has millions of owners, thanks to the fact that it is listed on the stock market.
Use of technology
The classification of this type of company is based on the processes, tools and technological advances they manage.
Artisanal
Traditional
Medium technology
Advanced technology
We invite you to read more about the types of companies that exist and discover which one best suits your needs and objectives. Find the best way to position your business in the market!
Overview of companies in Latin America
Latin America is experiencing a period of significant transformation, driven by the development of new technologies and the continuous evolution of the market.
According to the consulting firm Deloitte , this environment requires that companies in the region find mechanisms to quickly adapt to changes and take advantage of opportunities for growth or expansion.
For example, digitalization and the integration of new technologies are revolutionizing business models, increasing operational efficiency and enabling more precise personalization of services.
This digital transformation not only redefines the way companies must operate, but also opens up new market opportunities and strengthens competitiveness. Latin American companies need to adopt this vision to keep up with trends and not be left behind.