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- DictionaryBusi·ness/ˈbiznəs/
noun
- 1. a person's regular occupation, profession, or trade: "she had to do a lot of smiling in her business"
- 2. the practice of making one's living by engaging in commerce: "the jewelry business"
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Business is a noun that means a usually commercial or mercantile activity engaged in as a means of livelihood, or a commercial or industrial enterprise. It can also mean dealings, transactions, or personal concern. See synonyms, examples, etymology, and related phrases of business.
- What Is A Business?
- Understanding A Business
- Types of Businesses
- Business Sizes
- Examples of Well-Known Businesses
- The Bottom Line
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The term business refers to an organization or enterprising entity engaged in commercial, industrial, or professional activities. The purpose of a business is to organize some sort of economic production of goods or services. Businesses can be for-profit entities or non-profitorganizations fulfilling a charitable mission or furthering a social caus...
The term business often refers to an entity that operates for commercial, industrial, or professional reasons. The concept begins with an idea and a name, and extensive market researchmay be required to determine how feasible it is to turn the idea into a business. Businesses often require business plans before operations begin. A business plan is ...
There are many ways to organize a business, and there are various legal and tax structures that correspond with each. Businesses are commonly classified and generally structured as: 1. Sole Proprietorship: As the name suggests, a sole proprietorshipis owned and operated by a single person. There is no legal separation between the business and the o...
Small Businesses
Small owner-operated companies are called small businesses. Commonly managed by one person or a small group of people with less than 100 employees, these companies include family restaurants, home-based companies, clothing, books, and publishing companies, and small manufacturers.As of 2021, 33.2 million small businesses in the United States with 61.7 million employees were operating. The Small Business Administration (SBA)uses the number of employees working at a company and its annual reven...
Mid-Sized Enterprises
There is no definitive specification in the U.S. to define a mid-sized or medium-sized company. However, when large U.S. cities such as Philadelphia, Baltimore, and Boston evaluate the landscape of operating businesses, a medium-sized company is defined as one with 100 to 249 employees or $10 million to less than $1 billion in annual gross sales.
Large Businesses
Large businesses commonly have 250 or more employees and garner more than $1 billion in gross receipts. They may issue corporate stock to finance operations as a publicly-tradedcompany. Large enterprises may be based in one country with international operations. They are often organized by departments, such as human resources, finance, marketing, sales, and research and development. Unlike small and mid-sized enterprises, owned by a person or group of people, large organizations often separat...
Apple
Apple (AAPL) is known for its innovative products, including its personal computers, smart devices, and music and video streaming services. Founded in 1977 by Steve Jobs and Steve Wozniak, Apple became the first publicly-traded company whose value hit $1 trillion.The company's stock ended the trading day at about $172 on May 23, 2023. Its market cap was almost $2.7 billion. The company employs more than two million people, including 80,000 individuals who work as direct Apple employees. The r...
Walmart
Walmart (WMT) is one of the world's largest retailers and operates as a multinational corporation. The company was founded in 1962 by Sam Walton in Arkansas.It has more than 10,500 locations in more than 20 different countries and employs over 2.1 million people. The company went public in 1970 and trades on the New York Stock Exchange (NYSE). Walmart stock traded above $148 with a market cap of $399.79 billion on May 23, 2023. The company earned $611.3 billion in revenue for the full year of...
Businesses are the backbone of an economy. They provide products and services that can be purchased by individuals and other companies. Businesses range in size from small to large and operate in many different industries. Business structures also vary from sole partnerships to major corporations that provide shareholder equity to their owners. Whe...
Learn what a business is, how to start one, and how to get a business loan. Explore different types of businesses, such as sole proprietorships, corporations, partnerships, and nonprofits.
Learn the meaning of business as a noun in different contexts, such as selling, company, work, matter, and things you do. Find synonyms, idioms, and related words and phrases for business.
Business is a noun that means an occupation, profession, or trade; a person, partnership, or corporation engaged in commerce, manufacturing, or a service; or a movement or gesture used by an actor. See synonyms, idioms, origin, pronunciation, and usage examples of business on Dictionary.com.
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). [1] [2] [3] [4] It is also "any activity or enterprise entered into for profit."
Business is the activity of making, buying, selling or supplying goods or services for money. It can also mean work, company, responsibility, important matters or event. See examples of how to use business in different contexts and idioms.
Business is a noun that can mean the activity of making, buying, or selling goods or services, a place of business, work that is part of a job, or something that concerns a person, group, or situation. It can also be a verb that means to do business, to mind your own business, or to have business in town. See 15 entries with examples and synonyms.
