A business is any organisation that trades goods or services with the aim of making a profit. Businesses make a profit by selling their goods or services at a higher price than the cost of production. If the profit is then returned to the owners, it is known as a for-profit business. If the profit is invested in achieving goals, improving infrastructure and so on, it is known as a not-for-profit business. Businesses operate in a variety of industries. Each industry has specific regulations that businesses must follow. The most common types of businesses are sole proprietorships, partnerships and corporations. A business can be public or private. Many large companies are publicly owned, while some smaller companies are privately owned.
Those who follow business news may be interested in the profits made by a company, the growth of a certain industry or the success or failure of a particular product. This type of news can be found in newspapers, magazines and online. Most television and radio news shows also feature a business section. Business news can affect the economy and stock market, so investors often keep an eye on it.
Adam brings more than 10 years of journalism and content marketing experience to the team at Business News Daily. A New Jersey native and Rutgers University graduate, he covers small business and entrepreneurship with a focus on emerging industries such as legal cannabis, electric vehicles and artificial intelligence. He has also written extensively about marketing, and he is an expert in social media management.
Skye Schooley is a human resources writer for Business News Daily. She has researched and written hundreds of articles on topics pertaining to HR operations, leadership and the use of HR technology. She is experienced in reviewing a wide variety of HR solutions, including employee monitoring software, PEO services and time and attendance systems.
Cassie Knudsen runs marketing operations for Business News Daily. She has a strong analytical background, managing the setup and maintenance of growth marketing campaigns and overall monetization. She enjoys working cross-functionally to ensure strategic development of the site. She has a passion for learning, reading and growing as an entrepreneur.
Business News Daily is the leading source of news for startup and early stage business owners. The website covers everything from business planning to sales and marketing. The content is meant to help entrepreneurs achieve their business and life goals by providing them with valuable information that they can implement immediately.