Foundation in Business

Business is the exchange of goods, services or money for mutual benefit or profit. Literally speaking business means business. In simple words, business means the state of being busy. Broadly, business involves activities connected with the production of wealth. It is an organized & systematized, human activity involving production & purchase of goods & services with the objective to selling them at a profit. According to prof. Own, “Business is an enterprise engaged in production & distribution of goods for sell in market or rendering services for a price Finally, we can tell that business concerns with buying & selling goods, manufacturing goods or providing services in order to earn profit. We can starts different types of business for different purpose. For starting any business we need money. But how much money are required for which business this is very important. That is why we should know about different types of business, commerce, industry, trade etc. We also want to gather some ideas about profession.