Everyone needs some work for proper survival. Some are doing jobs in private or public companies and some people are doing their own business. There are different kings of businesses like poultry business, dairy business, small-scale industry, private shops, restaurants etc. A business needs full knowledge and you can go for such field in which field you have complete knowledge. Without skills you are not able to do a business.
In simple, business means profit-making organization. It is concerned with the sale of different goods and services to satisfy the demand of customers. You could start your own business or purchase an existing one. You could also become agent of a big firm or opening your own restaurant or any type of shop. The other way is to buy franchise of existing business.
There are different types of businesses like partnership or joint venture, close corporation, proprietorship, non-profit corporation and company.
A close corporation is a legal entity on its own. A company can be sub-divided into two categories