Monthly Archive: August 2023

Partnership Business

Introduction to Partnership Firm A partnership is a business owned by two or more people. The partners share the profits and losses of the business, and they are each personally...

Sole Trading Concern

A Sole Trading Concern, also known as a Sole Proprietorship, is one of the simplest and most common forms of business ownership. It’s a business structure where a single individual...

Resource Mobilisation

Concept of Resources: The resources of a business are the assets that the business uses to operate and generate revenue. These resources can be classified into four main categories: Physical resources:...

Business Idea

A business idea is a conceptual plan or innovative concept that outlines a unique product, service, or approach intended to fulfill a market need or capitalize on an opportunity, aiming...

Introduction to Business

Business: An Important Human Activity Business is the process of creating, providing, and exchanging goods and services in order to satisfy human needs and wants. Businesses are essential to the...