Business means to remain busy in any activity like buying, selling, producing or distributing goods or services for a livelihood with the intention of earning profit.
"Any organisation that fulfills itself through making a product or seiviceis business
"is an institution organised and operated to provide goods and servicesto society under the incentive of private gain."
FEATURES OF BUSINESS
Business may be small or large but almost all business share some of the common features which are necessary for the success of a business. These are known as basic features or common features of the business. These are shown below: