All business ultimately are a classification of one or both of two categories. These are industry and commerce. Industry relates to the creation of goods and services. Commerce relates to the act of trading goods and services.
Financing
3 Basic Types of Business Activities
Business Activities is any activity related to the purpose of making a profit. It is often divided into operating activities, investing activities and financing activities. Of these! The operating activities tend to be considered the most important as they have the most direct impact on a company’s performance.
Bootstrapping Vs. Equity Funding: Which Financing Will Help You Start a Business?
In any business, you often have to spend money to make money. By bootstrapping one can spend his own money or sell a part of his equity through equity funding to raise capital and start a business.