https://startupspot.com.ng/what-is-a-business/
What is business? People are sometimes not so sure about what business is. Therefore, it becomes pertinent to consider understanding the term. They do not know that businesses are formed by identifying a problem within a niche and solving that problem.

Business can be referred to as an occupation, profession, or trade, as well as a commercial activity that involves providing goods or services in exchange for profits.

How Do You Start a Business?
To start a business, you must go through a series of processes. This process includes:

1. Having to conduct market research
2. Coming up with a business plan
3. Seeking capital or other forms of funding
4. Deciding on a location as well as a business structure
5. Choosing a name
6. Submitting registration paperwork, and
7. Getting tax documents (employer and taxpayer IDs), and getting permits and licenses.
8. To make day-to-day banking easier, open a bank account with a financial institution.

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