Question

business meaning

what is the meaning of business

Answer 1

An organization or economic system where goods and services are exchanged for one another or for money. Every Business requires some form of investment and enough customers to whom its output can be sold on a consistent basis in order to make a profit.Businesses can be privately owned, not-for-profit or state-owned.

Answer 2

A single person who owns and runs a business is commonly known as a sole proprietor, whether that person owns it directly or through a formally organized entity.

Business plan