
There are two stand-alone versions available for businesses: Office Home & Business 2016

Here's what you get what you get with each option (please note: this focuses specifically on Office 365 business and enterprise plans): Stand Alone Office 2016 The below post is still true, but there are more differences between Office 2019 and Office 365 ProPlus (the version of Office included in Office 265) than in previous releases of Office. (Update : Office 2019 is now available for purchase. This means you have a few options for purchasing Office 2016: a stand-alone product or as part of an Office 365 subscription. Office 365 is a cloud-based subscription to a suite of programs including Office 2016.

The short version: Office 2016 is a version of the Office productivity suite (Word, Excel, PowerPoint, etc), typically accessed via the desktop. But understanding difference between the options - most notably between Office 2016 and Office 365 - can be confusing. If you're looking to purchase Microsoft Office for your business, you've got plenty of options.
