BUSINESPRENEUR - Simple Definition of Businesses

  Introduction From a common man perspective both the Entrepreneurs and Business owners  do the same job, they both get paid for what they provide whether it is some type of good or service. But why are Entrepreneurs so valued and the businessman you see in your near markets not so? What differentiates both of them? In today’s post, we will find out the difference between Entrepreneurship and Business . What is a Business In simple language, a business is an activity of making a profit by buying or selling products. It is a profit-oriented activity, all of its operations runs around profit. A person who is starting a business doesn’t need to have an out of the box idea, he just has to observe the market and go for the idea which is highly in demand and can make a profit for him. But it doesn’t mean it is easy in any way because a business owner faces tough competition as there are hundreds of rivals already existing in the market practising the same business which makes ...