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A company limited by guarantee.

Business is the activity of making one’s living or making money by producing or buying and selling goods or services. Simply put, it is any activity or enterprise.

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It is any activity or enterprise entered into for profit. It does not mean it is a company, a corporation, partnership, or have any such formal organization.

Buying and selling goods.

A sole proprietorship, also known as a sole trader, is owned by one person and operates for their benefit. The owner operates the business alone .