Business is the organized efforts and activities of an individual, organization, or enterprising entity engaged in commercial, industrial, or professional activities to produce and offer goods and services to the target market.
Businesses can be for-profit entities or non-profit organizations.
Generally, a business begins with a business concept (the idea) and a name, continues with planning and ends up with commissioning functioning.
Business Planning at first is doing market researh to determine whether turning the idea into a business is feasible and if the business can deliver value to consumers and owner, then is encompassing all the goals, strategies and actions that the idea needs to ensure the business’s survival, prosperity, and growth.