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EntityQ4830453· pop 138· linked from 3,167 articles

business

Also known as businesses

right|thumb|upright=1.5|Small business vendors at a public market Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit."

AI overview

Business is the activity of making money by producing or buying and selling products and services. It matters because it's how people make their living and create value by providing things others want or need.

AI-generated from the Wikipedia summary — may contain errors.

~30 min read

Encyclopedic overview

24 sections

Contents

Forms
Classifications
Activities
Accounting
Commerce
Finance
Human resources
Information technology
Manufacturing
Marketing
Research and development
Safety
Sales
Management
Restructuring state enterprises
Business process management
Business organization
Capital
Intellectual property
Trade unions
Business regulation and commercial law
See also
References
External links

A business entity is not necessarily separate from the owner and the creditors can hold the owner liable for debts the business has acquired except for limited liability company. The taxation system for businesses is different from that of the corporates. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business.

Excerpted from Wikipedia’s “business” article, available under the CC BY-SA 4.0 licence.