Social Media Risks and Benefits – The Two Side of Stardom
Discover social media benefits and risks, from brand partnerships to harassment. Learn to engage responsibly while prioritizing mental health
Design, Experience, LifeStyle Blog
Business is the practice of making one’s living or making money by producing or buying and selling products (such as goods and services) and “any activity or enterprise entered into for profit.”
Having a business name does not separate the entity from the owner, which means that the owner is responsible and liable for debts incurred by the business. If it acquires debts, the creditors can go after the owner’s personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from it.
The term is also often used colloquially to refer to a company, such as a corporation or cooperative. Corporations, in contrast with sole proprietors and partnerships, are a separate legal entity and provide limited liability for their owners/members, as well as being subject to corporate tax rates.
A corporation is more complicated and expensive to set up, but offers more protection and benefits for the owners/members.
It is an entity that is formed and administered as per corporate law in order to engage in business activities, charitable work, or other activities allowable. Most often, these entities are formed to sell a product or a service. There are many types of entities defined in the legal systems of various countries.
These include corporations, cooperatives, partnerships, sole traders, limited liability companies and other specifically permitted and labelled types of entities. The specific rules vary by country and by state or province. Some of these types are listed here, by countries.
Discover social media benefits and risks, from brand partnerships to harassment. Learn to engage responsibly while prioritizing mental health
Overregulation stifles innovation, weakens competitiveness, and fosters inefficiencies, threatening the growth and stability of an economy.
Explore how awareness can lead to fear of risks, causing inaction, and learn strategies to break free from this paralysis and take action.
What is success? A trap that costs happiness and freedom, or a myth created by those in power to keep others from reaching the top.
Discover the modest effects of productivity in AI and employment, exploring its impact on TFP growth and inequality over the next decade.
Discover top stock investment opportunities for Q3 and Q4 2024 across key sectors like tech, healthcare, and renewable energy.
Discover the "Magnificent Seven" stocks: Apple, Microsoft, Alphabet, Amazon, Meta, Nvidia, Tesla dominating tech and driving U.S. market gains.
Google launches safer Gemma 2 AI models amid new regulations like California's SB 1047 and the EU's AI Act, affecting open AI releases.
At the heart of sustainable shopping lies a set of core values that prioritize the health of our planet and the well-being of future generations. Two of these core values…
How to dress for success? Professional dress codes and tips for dressing for the Job You Want. Strategic tool for career advancement.