29
Jul
What's the difference between a business and a company?
Alright, mate! Let's crack into the crux of the quirky conundrum that leaves many in a spin - 'What's the difference between a business and a company?' Well, hold onto your hats, because it's quite a ride! A business is the broad term, the big umbrella, covering all activities to make a profit. It's like the guy who loves to party and invites everyone. On the other hand, a company is a specific type of business - a legal entity all its own - it's the guy at the party who only talks to certain people. So, in essence, a company is a business, but a business isn't always a company. It's like saying all thumbs are fingers, but not all fingers are thumbs! Get it? Good, job done!
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