The accommodation and food services sector consists of these subsectors: Accommodation: NAICS 721; Food Services and Drinking Places: NAICS 722; Workforce Statistics. This section provides information relating to employment and unemployment in accommodation and food services.
The construction business is booming once more. In fact, the residential building construction industry was the number one fastest-growth industries for small businesses in recent years (source: Sageworks (link is external)) thanks an increase in housing demand, lending activity and real estate values.
Corporation Definition: A form of business operation that declares the business as a separate, legal entity guided by a group of officers known as the ... A corporate structure is perhaps the most advantageous way to start a business because the corporation exists as a separate entity. ...
A limited liability company (LLC) is a corporate structure whereby the members of the company cannot be held personally liable for the company's debts or liabilities. Limited liability companies are essentially hybrid entities that combine the characteristics of a corporation and a partnership or sole proprietorship.
Use 'merchandising business' in a Sentence It may seem lucrative to run a merchandising business, but because you will have few if any exclusive products that consumers cannot buy elsewhere and because consumers are becoming increasingly able to find lower prices, it is difficult to maintain anything more than a razor thin margin.
A partnership is a business with multiple owners, each of whom has invested in the business. Some partnerships include individuals who work in the business, while other partnerships may include partners who have limited participation and also limited liability for the debts and lawsuits against the business.
Retailers are business firms engaged in offering goods and services directly to consumers. In most—but not all—cases, retail outlets are primarily concerned with selling merchandise. Typically, such businesses sell individual units or small groupings of products to large numbers of customers.
service business. A commercial enterprise that provides work performed in an expert manner by an individual or team for the benefit of its customers. The typical service business provides intangible products, such as accounting, banking, consulting, cleaning, landscaping, education, insurance, treatment, and transportation services.
Wholesale trade is an economic indicator that provides some perspective on the consumer economy that relies on wholesalers to supply retailers. Wholesale trade is an economic indicator that provides some perspective on the consumer economy that relies on wholesalers to supply retailers.