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From Wiktionary under the GNU Free Documentation License. A business (also known as a company, enterprise, and firm) is a legally recognized organization designed to provide goods or services, or both, to consumers, businesses and governmental entities. Businesses are predominant in capitalist economies. Most businesses are privately owned. A business is typically formed to earn profit that will increase the wealth of its owners and grow the business itself. The owners and operators of a business have as one of their main objectives the receipt or generation of a financial return in exchange for work and acceptance of risk. Notable exceptions include cooperative enterprises and state-owned enterprises. Businesses can also be formed not-for-profit or be state-owned. The etymology of "business" relates to the state of being busy either as an individual or society as a whole, doing commercially viable and profitable work. The term "business" has at least three usages, depending on the scope — the singular usage (above) to mean a particular company or corporation, the generalized usage to refer to a particular market sector, such as "the music business" and compound forms such as agribusiness, or the broadest meaning to include all activity by the community of suppliers of goods and services. However, the exact definition of business, like much else in the philosophy of business, is a matter of debate and complexity of meanings. From Wikipedia under the
GNU Free Documentation License How big should a business be before the owner finally delegates responsibilities? Q. I am in the family business and my mom is clearly strained... We are blessed to have business hand over fist even in this recession but that is not my problem, or question... My question is how can a small business owner learn to lay back enjoy the fruits of their labor??? I mean she has owned this insurance agency for 30 yrs. and has nursed it from ONE policy to what it is today? But her health is declining as she is still trying to take payments, pictures of homes, etc. on what should be considered now at least a "mid sized" business? Asked by Sociopath - Mon Jun 8 14:42:42 2009 - - 2 Answers - 0 Comments A. It sounds like you are at that point. If it feels like too much, it probably is and if you are in the black, you can definitely outsource now. If you are concerned about handling the legal aspects, book keeping, etc. of a new hire, you can go through a temp. agency first. That way, you pay the agency and they handle payroll, etc. for their employee. The agency can coach you through it. You can always keep the person on, too, if it works out. Answered by m h - Mon Jun 8 14:59:29 2009 What is a good business to purchase for a first time business owner? Q. I have my business degree, and money for investing. I am interested in buying a business that doesn't require my presence and that is profitable. What is a good type of business to purchase in the next year in South Florida? Asked by Danka - Tue Jan 13 16:43:17 2009 - - 2 Answers - 0 Comments A. You seem to an idea that the owner does nothing and racks in the big bucks. It is true that business owners only have to work half days and they get to pick which 12 hours they work - but I can tell you, your profits will walk out the door unless you participate and understand the business. If a business ran it's self there would be no reason to sell it - the owner would just keep receiving the profits. So look for a business you understand - and one you could actually work at. Otherwise - become a lender - the interest rate is higher but so are the risks. Buy a rental - but be ready for repairs at all hours. Answered by justwondering - Tue Jan 13 16:58:35 2009 What's a good business that I can do working from home? Any ideas on starting a business?
Q. My husband is stuck in a terrible job (like half the country!) and he's always wanted to own his own business, but he's not sure of what he wants to do... I was wondering if anyone has ever had their own business, and if so, what do you do? Also, has anyone been successful w/ a business from home? Thanks! Asked by lucy lu and baby Chloe! - Sat Sep 27 14:36:13 2008 - - 8 Answers - 1 Comments A. Dear Lucy, My cousin told me about an internet shopping portal and at first I thought I will never join this kind of things but after someone i know actually had his firs direct deposit, i gave it a second thought. Shop To Earn is the fastest growing sales portal on the internet, and a great opportunity for those who want to receive some cash back from online purchases and for referrals too. With an affiliate marketing program with over 500 prestigious companies, you can purchase the things you usually do online such as air tickets, hotels, clothing, entertainment, computers and so much more, but now you have the opportunity to receive points and cash back for all the transactions that you and anyone in your network complete. The hard… [cont.] Answered by coco16141 - Sat Sep 27 18:06:52 2008 From Yahoo Answer Search: "business" Quotations about Business. In use the word may refer to many differing activities, such as the activity of buying or selling in trade, a commercial firm or enterprise, one’s personal affairs or concerns, one’s regular occupation, employment, or profession, something acquiring attention, or a situation, matter or happening. Business is the "art" of making money by selling things or services people want for more than their cost. - Patrick Dixon Sourced
From Wikiquote under the GNU Free Documentation License. NZ tycoon unwraps packaging ambitions with US deal - BusinessWeek
Sat, 04 Sep 2010 04:24:39 GMT+00:00 BusinessWeek The reclusive New Zealand billionaire buying the US maker of Hefty brand trash bags to create the world's second-biggest packaging business ... Frank McCourt proposed to slash Dodgers' payroll in business plan - Los Angeles Times
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