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 entered into for profit. It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors." The term is also often used colloquially (but not by lawyers or public officials) to refer to a company, but this article will not deal with that sense of the word.
Weak withering age no rigid law forbids, With frugal nectar, smooth and slow with balm, The sapless habit daily to bedew, And give the hesitating wheels of life Gliblier to play.
John Armstrong, The Art of Preserving Health (1744), Book II, line 484.
