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Types Of Business Entities

Lendflow divides entities into categories which can be used to build relations trees between these entities. Business entities can have two types of relationships: individual to business or business to business relationships.
You can learn more about the types of relationships between profiles in Relationships Between Entity Profiles.
The business entity categories and sub-categories are:
  • Vendor
    • Manufacturer
    • Supplier
    • Other
  • Customer
    • Debtor
    • Other
  • Parent
  • Subsidiary
  • Owner
  • Businesses with Ownership Stake
  • Owner-affiliated Businesses (Businesses having the same owner)

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FAQ

The categories identify the role each business has in a relationship and support the relations trees between entities.
A vendor can be categorized as a manufacturer, supplier, or other vendor.
A customer can be categorized as a debtor or other customer.
An owner-affiliated business is connected to another business through the same owner.

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Next steps

Understanding the Relations Diagram

See how business entity categories appear in a Business Profile’s relations diagram.

Finding the Owners Section and Editing Ownership

Review ownership relationships and update ownership percentages.