Business

"Business" is a broad term that encompasses a wide range of activities related to the production, sale, and exchange of goods and services for profit. Here are some key aspects of the business: Types of Businesses: Sole Proprietorship: Owned and operated by a single individual. Partnership: Formed by two or more people who share responsibilities and profits. Corporation: A legal entity separate from its owners, providing limited liability. Limited Liability Company (LLC): Combines aspects of a corporation and a partnership. Business Functions: