what is business and what are its type ecplain
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Typically, there are four main types of businesses: Sole ProprietorshipsSole ProprietorshipA sole proprietorship (also known as individual entrepreneurship, sole trader, or proprietorship) is a type of an unincorporated entity that is owned only, Partnerships, Limited Liability Companies (LLC)Limited Liability Company ...
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A business [entity] is an organisation or any other entity engaged in commercial, professional, charitable or industrial activities. It can be a for-profit entity or a not-for-profit entity and may or may not have a separate existence from the people/person controlling it .
Types of business :-
- Manufacturing
- Service
- Merchandising
- Hybrid .
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