If you see the world's economic system, you would realize that the world has run with the business process. Business means a transaction of money. It means you are investing your money in buying any product and you are going to sell it with a higher rate (it means that you are adding the profit part with the total making cost of the product). Now you are selling the product at a higher rate because you want to make money through this system.
Explanation and example of Profit gaining part in any Business
Suppose you bought a product with $40 and now you have decided to sell it with $60. Here $20 is extra money which you have agreed to fix the cost of the product. Now within $20, you included the cost such as labor cost, transportation cost, tax, shop rent, electric bill, phone bill and other. After calculating you suppose have seen that total $8 is needed to pay these all essentials. So, you have got $12 extra which is entirely yours, (it means it is extra money for you) and it is your net profit. So, now anyone can realize what business is and why do people consider it as the most wanted platform to make money.
If you want to Start a Business
If you are going to start a business, you need to get capital first, and it is the initial platform of your business. If you need money, you can arrange through debt from money lenders. But if you have already taken a debt and you are not able to handle it, then you need the help to face the trouble and lead your business.It will help you to negotiate the time with the lenders, and it will assist you to face them, and they will assure you that the lenders would not create any hassle at your office or home.
The Effects of Business on the Society
It is tough to explain the fact within a few words. To analysis how the company runs the whole world is a hard job for anyone. You just think that all non-government organizations need the human resource to perform their duties. Here we see that without people, you cannot organize your business. To run and develop a business, you need men power.
So, people are getting employment. Without a job, how will anybody survive? Thus, the business makes us busy with its works, and it helps us to earn money (salary or wages) to lead a life with food, shelter, cloth, medicine, and many other essential things. Not an only non-government organization, but also government organizations depend on the business. A small example can make you realize the fact correctly.
All government or non-government banks are providing loans to the people, and they are getting interested on behalf of that, and it is the primary source of income for all the banks. Even when people are keeping money in a savings bank account, or they make a fixed deposit. That money is rolling on the market. That is a business. It is a money rolling process, and you will see that top to bottom of the world is related to business.