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Business is the exercise of constructing one’s dwelling or earning money by producing or buying and promoting goods or providers. 1 2 3 4 Merely put, it is any exercise or enterprise entered into for profit. It does not imply it is a company, a company, partnership, or have any such formal organization, but it may range from a street peddler to General Motors. 5 The term is also often used colloquially (but not by attorneys or public officials) to consult with an organization , however this text won’t deal with that sense of the word.