Business can either be profession, occupation, commercial or economic activities which provide goods and services in the exchange of money which includes profit.
In a business entity, profit can be acknowledged not only in money only. All the benefits which are acknowledged by a business entity which help to expand the business.
A complete business concept includes the plan, mission, objectives and ideas behind the start. This whole concept results in customer satisfaction while maximizing profit.
The more satisfied the customer, the more profit is obtained by the business. And the business expels. There are also many types of business which depend on the forms and place of business.