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LSDefine

Simple English definitions for legal terms

business

Read a random definition: e pluribus unum

A quick definition of business:

A business is when someone or a group of people do something to make money. They might sell things or offer services to people. But, sometimes people do things to help others without making money, and that can also be a business. To start a business, you need to plan things like what you will sell, who you will sell it to, and how you will make money. You also need to think about the rules and laws that apply to your business.

A more thorough explanation:

A business is an activity or trade performed by a person or entity with the goal of making a profit. This can include selling goods or services to the public. However, a business can also be a non-profit organization that pursues a charitable or social purpose.

  • A bakery that sells bread and pastries to customers is a business.
  • A law firm that provides legal services to clients is a business.
  • A non-profit organization that provides free meals to the homeless is also a business, even though it does not aim to make a profit.

These examples illustrate how a business can involve different types of activities and goals. The bakery and law firm are both commercial businesses that aim to make a profit by providing goods or services to customers. The non-profit organization, on the other hand, has a social purpose and does not aim to make a profit, but it still operates like a business by providing a service to the public.

Developing a business may require creating a plan that considers various aspects, such as:

  • The name and concept of the business
  • A market analysis and strategy for positioning the product
  • The business goals and objectives
  • The legal structure and tax planning
  • The marketing and sales plan
  • The organizational structure of the business

These elements help to ensure that the business is well-planned and has a clear direction for success.

Bush v. Gore (2000) | Business and Professions Code - by state

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General

General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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