what is business for you?

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jhayc006

Guest
For me business is randomly, Because you need to release money for your business you need to wait if it's click to people like a restaurant business after you invest money in a restaurant you need to wait if it's click to the area that you built. And if it's not that's life you need to find another area that fit to your restaurant. this is how i explained what business is.
 

fishbate

Member
Business for me is an activity or any commerce that is potentially allows you to earn. It may differ on how or what business but its primarily intention is to earn an income. Naturally business is also work , so in a more simple term form me business is a practice of making a living.
 

ion

Member
Business for me is something like, you will earn income more than to just working on a company, and your goal for your business is to be fully established and become dependable in terms of financing your self or family. You business should give you excitement and ability to become flexible and not your source of stress. So, you should know your passion to start your own business.
 

kgail

New member
Business i think is what you need to do if you want to earn more than being an employee. If you are tired of having a boss tired of your job and you want something new in your life i think putting up a business is what you need to do. But this is not for everybody having your own business takes a lot work and everything. You need to be prepared and make sure that whatever your business is you need to have passion for it. Because it is going to make it less stressful if you love what you are doing.
 
Business is really the engine of economic growth. Without businesses there will be no goods, no employment, no taxes, basically nothing. The creation of wealth in economics is based on production; without production there is nothing created and thus nothing sold. Employment is also dependent on businesses. Just imagine if in a society it was all government, like what happens in communist/socialist states, that provided for everything including the production of goods, then there will be no inititative from the citizens. 1st world countries like Japan, US, Germany and the like are market driven or free enterprise economies. Production, not state sponsored welfare, is the name of the game.
 

Seyesystem

Active member
To me business is very important in every society without business there won't be growth in the society with business there is always goose and services for the citizen of a particular environment. No economy that can survive without business.
The purpose of establishing a business is to make profit the more profit you make the more successful the business is. Since the
purpose of establishing a business is to make profit and it's expected to be in continuity, so if my business make a huge impact on the people in it business environment I will be very happy and be proud of my business. Profit and impact goes together when there is an impact in the business environment there will be also increase in profit to the business. Every business owner will always happy seeing his business performing well in it business environment and this will make the business owner to put more efforts and resources in the business. So the reason to establish a business to to generate profit and have impact in the business environment.
 

Ephy

Active member
Business is any economic activity that is carried out with an aim of making profits. These are activities are carried out by individuals or organisations. Every day people are involved in various activities to satisfy their basic needs. In business we deal with things like production, distribution and consumption. Production it the act of creating goods or products and services like manufacturing and farming. Distribution is the act of moving products from the producers to the final users who are the consumers or to the industry for manufacturing then to the market. Consumption is the final act in business which involves using of the products by the customers or consumers. Business also includes services that are intangible and cannot be transferred from the owner for example lawyers, teaching and banking.
 

Nicklas22

New member
A business is anything you can engage yourself in that can fetch you some cool money
They are different types of business which are sole proprietorship, partnership, cooperation and limited liability companies
Sole proprietorship is a single man business, one person is responsible for the day to day running of the business and he bears all the risk and take all the profit alone
Partnerships involves two or more people with the same goal and come together to achieve their aim, they are all responsible for the day to day running of the business, but we have different types of partners
 

Bookwormlux

Valued Contributor
For me business is randomly, Because you need to release money for your business you need to wait if it's click to people like a restaurant business after you invest money in a restaurant you need to wait if it's click to the area that you built. And if it's not that's life you need to find another area that fit to your restaurant. this is how i explained what business is.
Personally, I see business as a means to an end, I am more interested in making profits and also having enough experience that would afford me to mentor other people who may be interested in making profits the way I do.
I also see business as a way of ensuring minimal wastage of resources. In our world today, there are many things that could distract us and it is best to not get involved in them rather, channel the Same energy into something productive. That's what I do, u channel my free time to business, so as to make the most out of it
Business is a life style.
 

btaliat

VIP Contributor
Business is what we do to generate money. It involves echsnge of services, goods and products for money. It starts from production which involves creating of goods and services for the benefit or satisfaction of the final consumer.
The aim a business owner is to make and maximize profits. That's the reason why a business owner must always consider some factors before he or she ventures into business. He must consider the location and some factors first.
 
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Deleted member 28873

Guest
to me, business is any venture or investment that is established for the sole purpose of creating or increasing its propietor income bracket. Its is also a establishment that is made to satsify a particular human need or wants and in return you will be paid money to the goods you sold or services you rendered. Creating a business is a big job that requires a lot of capital,work and skills in most cases. A big challenge is staining and maintaining the busines.
 
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