The Fundamental Parts of a Business
Picture this. I’m low on cash and decide to sell my phone. I find a buyer. He gives me money, I give him the phone. There has been a transaction — buying and selling. But that doesn’t make it a business. Why?
Picture this. I’m low on cash and decide to sell my phone. I find a buyer. He gives me money, I give him the phone. There has been a transaction — buying and selling. But that doesn’t make it a business. Why?