Business activity refers to transactions that move the business forward. Sales, customer service and shipping products are all aspects of business activity.
The activity of the business is what generates money for the business and the owner will want to maximize income.
Any activity which results in monetary transaction is a business activity. The only apparent exception is barter activities. Still they are also considered ass business activity, as they result in value addition that can be converted into money. Thus all activity with an intent for value addition. measured in terms of money, can be classified as business activity.
Business activity is needed to provide services and goods to satisfy wants and needs as well as to provide jobs. Business activity helps keep the economy going.
business is an economical activity
what are the classification of business activities
You will need to fill out a Change of Registration form with the state office you originally filed your LLC with. Input the new business activity on the form and when the new business activity will start. Contact the IRS and update your business activity code via phone or mail.
If rent is paid for any activity which is directly related with the primary business activity then rent is not other expense, but if rent is paid for activity which is not directly related to primary business activity then it is other expense.
a constraints limits or prevents a business from taking a certain decision or behaving in a particular way. there maybe economics , legal , technology & environmental constraints on business activity .
I'm not sure there is a legal answer to that, but I think of it as an activity with profit as its motive.
some activity which help the business to run in a active way.
The act of a business continuing its activity without interruptions.