A commercial industry is one that prioritises mass manufacturing with the intention of reaching as many customers as possible. In factories with many employees, production often takes place.
Each employee in a commercial production facility is typically in charge of one stage of the production process. These factories frequently employ cutting-edge or economical technologies.
Henry Ford’s invention of assembly lines is a classic illustration of the production processes used in a commercial enterprise. Each employee was given a station to work on a chassis at, after which the chassis was transported to another station. Every station had to be visited before the finished car was ready. This process made it possible to construct cars more swiftly and inexpensively.
A cottage business likewise creates goods for consumers, but it operates differently than a commercial one. A cottage industry typically employs one or two people at most. It might have a home base. Instead of employing the most economical techniques, an employee can create the complete product themselves.
Cottage industries include jewellery and textiles manufactured at home. Compared to commercial businesses, cottage enterprises frequently produce more expensive goods.