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difference between job and business ?
plz plz help m confused1 year ago - 1 answers
JOB = you invest your time and knowledge for someone else and in return he pays you a sum of money, in most cases per month.
BUSINESS = You buy things or services by paying others money either you have or by borrowing and expect a return on investment (ROI) so that you are in profit. In short you must receive more than what you have invested to be in profit.
For example you buy raw material (for example wooden planks) and make furniture out of it using your skills and sell it to others for profit. The success of any BUSINESS is always measured in terms of "Investment and Return on investment".