The term business refers to an organization or enterprising entity engaged in commercial, industrial, or professional activities. Businesses can be for-profit entities or they can be non-profit organizations that operate to fulfill a charitable mission or further a social cause. Businesses range in scale from sole proprietorships to international corporations and can range in size from small to large.1
Example: Although I may already have suspicions over which areas of my BUSINESS are leading to profit and which are losing money, a thorough financial analysis allows me to accurately determine which areas these may be and I can then make changes to my BUSINESS to either continue efficiency, or improve it.