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There are two different types of business in the market, the first being a ‘chain’ business, and the other a local business. A chain business is otherwise a public business (i.e. including supermarkets such as Tesco, Sainsbury’s etc), whereas a private business are otherwise known as private business’s (i.e. individual shops which don’t have a replica store found in the country).

Chain business’s are more successful due to the amount of stores the business owns, leading to higher successful finance and reputation, whereas a private business can achieve great financial and reputation in its local area, but not on a nationwide, global scale.