Explanation:

Launching your own business can be an exciting experience. You'll have a chance to create meaningful connections, build a loyal clientele and create your own brand. Depending on your industry and goals, you could change people's lives and make a difference in your community. Before getting started, decide whether you want to form a nonprofit or a for-profit entity. The latter is also known as a commercial organization.

A commercial organization is any business that sells goods or services for the purpose of making a profit.

Economic activity: Business is an economic activity of production and distribution of goods and services. ...

Buying and Selling: The basic activity of any business is trading. ...

Continuous process: ...

Profit Motive: ...

Risk and Uncertainties: ...

Creative and Dynamic: ...

Customer satisfaction: ...

Social Activity: