Saturday, 23 October 2010

Good Part -Time Business To Own (4)

Read? Good Part -Time Business To Own (3)

Many people dream of setting up a business and I also often hear it from colleagues, friends and relatives.

What is business?

businessdictionary.com defines it as "Economic system in which goods and services are exchanged for one another or money, on the basis of their perceived worth. Every business requires some form of investment and a sufficient number of customers to whom its output can be sold at profit on a consistent basis."


Note the key points from the above definition:

  • goods and services are exchanged for one another or money, on the basis of their perceived worth
  • requires some form of investment
  • sufficient number of customers to whom its output can be sold at profit on a consistent basis."
From the key points in the definition of business, it is quite obvious that my economic activities in the stock market qualified as a part-time business as  I put in my investment for stocks; exchange stocks for money on the basis of their perceived worth and I sold them at profit on a consistent basis. Customers are never a problem.

Anyone else interested in setting this part-time business? I can share with you. No problem.

No fixed overheads and the goods are rarely perishable.

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