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Small business

(@Anonymous)
New Member

A business (company, enterprise or firm) is a legally recognized organization designed to provide goods or services, or both, to consumers, businesses and governmental entities.[1] 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.
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import export clothing
wholesale suppliers

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Topic starter Posted : 06/07/2010 7:07 am
(@Anonymous)
New Member

Re: Small business

Global trends have suggested that small business is the biggest contributor to the economy of any country. Small business is big in India too. It is one of the most crucial sectors of the economy in terms of the number of employments generated. As more than 65% of its population lives in rural and semi rural areas, small business is one of the most viable options for the population residing in these areas. After agriculture, small business in India is the second largest employer of human resources. In India an industrial undertaking that has investments in fixed assets which do not exceed more than Rs.10 million falls under the category of small business.

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Posted : 07/07/2010 5:55 pm
(@Anonymous)
New Member

Re: Small business

I wanted to open the small business to get my experience about trade and business.
Your views give me explanation and confidence to start it very soon.

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Posted : 08/07/2010 9:46 am
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