Welcome to Business Resources and Guide
A business is an organization or an individual which provides goods and services to earn money. Businesses can be privately owned by individuals or publicly owned by government. The word Business includes busy scheduled procedure as an individual or society for doing commercially and profitable work. Businesses are of many kinds like small, larg, corporative etc. depending upon the particular scope. Business is totally dependent upon market situations and profits/sales are based on demand and supply. Buyers are the most important part of any business, hence all businesses give due importance to their customers. The main purpose of the seller is to earn money, hence he always focuses on more and more sales. When people think about business careers, they often think of starting a small and medium business. Many business related careers exist in small businesses, non-profit organizations, government agencies and educational setups. Nowadays people have also started home based business as well where housewives start selling some branded products. Large Business Small Business in which minimum no of employee and they started from a low cost or a part time basis.
Businesses are classified in different sectors like:
- Agriculture :- Agriculture are concerned with production of food grains.
- Financial :- Financial sector include banks, financial companies that provides investment, loans, banking services, credit card etc.
- Real estate :- Real estate businesses deals with sale/purchase/construction of properties, buildings, homes, commercial etc.
- Services Sector :- These kind of businesses provide services like consultancy, enterprises and IT services etc.
- Transportation :- Transportation businesses distribute goods from one location to another.
- Manufacturing :- It processes products from raw materials or component , after that it sells at a profit. Companies that manufacture physical goods like cars, pipes, medicines etc are considered as a manufacturer.
- Utilization : It produces public services like heat, electricity services, sewage treatment and are usually treated as a government chartered.