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a firm is a business unit that operates under a single management. while industry is a group of firm that produce similar products for the same market.
In my opinion again that would be the similar areas of this qualification and industry which is business so a bachelor in business, managment - logistics government ect There are many which could be achieved with the formal qualification and knowldge. Again though relating to its feild and industry which is business. s-g@live.com.au
One can effectively evaluate the value of a small business by considering factors such as its financial performance, market position, growth potential, and industry trends. Conducting a thorough analysis of the business's assets, liabilities, revenue, and expenses can help determine its worth. Additionally, comparing the business to similar companies in the industry can provide valuable insights into its value.
Business in the 1700s in New York was somewhat similar to today. There were a variety of restaurants and hotels in the city with many street vendors and the beginning of a large textile industry.
an industry or sector. Business units within a firm typically operate under the same umbrella and share resources and management, while firms in the same industry or sector compete with each other for market share and customers.
He followed Hitlers guidelines
Credit Card Factoring is offered by the cash flow industry. It is sometimes also called business cash advance. It is similar to a loan but it is an advance. There is no due date or fixed payment.
The HR policies are probably similar to what is found in other businesses. They will hire people based on national laws and are required to make sure all rules are followed in the business.
Characteristics of a business Here are some factors or indicators that the courts and tribunals have taken into account in determining if a business exists for tax purposes. While no one factor can be used to determine whether you are carrying on a business, taken together they should indicate whether your activity is a business. * Does your activity have a significant commercial character? It is important to consider whether your activity is carried on for commercial reasons and in a commercially viable manner.* Is there more than just an intention to engage in business? You need to have made a decision to commence business and have done something about it. If you are still setting up or preparing to go into business, you might not yet have commenced business.* Do you have a purpose of profit as well as a prospect of profit? Do you intend to make a profit or genuinely believe that you will make a profit, even if you are unlikely to do so in the short term?* Is there repetition and regularity to your activity? Businesses usually repeat similar types of activities, although one-off transactions can constitute a business in some cases.* Is your business similar to other businesses in your industry? Is the way you operate consistent with industry norms or other businesses in your industry?* What is the size, scale or permanency of your activity? Is the size or scale of your activity consistent with other businesses in your industry? Is it sufficient to allow you to make a sustainable profit?* Is your activity planned, organised and carried on in a business-like manner? This may be indicated by business records and books of accounts, a separate business bank account, business premises, licences or qualifications and a registered business name.MINOR EDIT: The short answer to your question is when you start charging or getting paid to do it. Then and only then is it considered a business.
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