Business Ideas

importance of business

11 January 2021 ❤ 4
importance of business

Business is considered to be one of the most admirable and profitable profession around the globe. The world is shifting its trend towards business as well. Business is basically converting our future goals and desires into our achievements. Business is extremely important of a country as it creates job, opportunities, services and a business for other people as well. It over all helps in maintaining a countries GDP as well. Its good to have multiple similar small/large businesses in a market because it is healthy competition that can create betterment of the services and the goods.

Businesses are even important for a country's economic posture is because it contributes tax money to government that includes funding for various government services that are provide on the basis of local, state, and federal governments. Thus it helps in backing up countries economic conditions as well. Business could even run globally, one could just provide services/product online/virtually. The best way of conducting a business could be: Identifying the problem, solving the problem, and providing other with the solutions for it.

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Comments and QA


But all of the business were effected by covid, even i had to close my business.

By george, 19 Jan 21


a business offers employment opportunities to the people by which they can generate income and improve the quality of life.

By Riya, 18 Jan 21


There is a profit in doing wholesale business.

By Chaplin, 11 Oct 20