Business refers to the activity of producing, buying, selling, or providing goods or services in exchange for money or other valuable considerations. It involves various activities, such as planning, organizing, managing, financing, and marketing, with the aim of generating profits and maximizing shareholder value.
Businesses can be classified into various categories based on their size, ownership structure, and industry, such as small businesses, medium-sized businesses, large corporations, sole proprietorships, partnerships, and franchises.
Successful businesses typically require a clear business plan, effective management, sound financial practices
