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Business

What Is a Partnership Business?

A partnership business is a type of business where two or more people are involved in the running of the business. These people share...

Service Business Definition

Service businesses are important to society. While we all want to have a nice house, a good meal, a comfortable bed, and clean clothes,...

What is the Commercial Business Definition?

What does the commercial business definition mean? In simple terms, it is a type of business that engages in activity that produces a profit....

Non-Essential Business Definition

A state's non-essential business definition may seem pretty obvious. For instance, a store selling food, toilet paper, medicine, or other basic goods and services...

What Is a Franchise Business?

The term franchise is used to describe a business relationship between a franchisor and a franchisee. The franchisor gives the franchisee access to a...

Small Business Definition – What Is a Small Business?

The SBA has set standards for different sectors of the economy, so determining if your business meets those standards can be a challenge. The...

The Importance of a Business Definition

Various definitions exist to explain the various aspects of a business. A business can be defined as an occupation, profession, or other commercial activity....

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