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Hip Hat Business Directory - Business Link ExchangeThe Hip Hat Business Directory is the online source for locating websites dealing with businesses. Acceptance is based solely on quality and the useful information provided by the website. As a result, you can be assured that you will be listed among some of the best busines websites. Submit your Business related website to this category in the Hip Hat Link Exchange Directory. If you can not find the appropriate sub-category, please recommend it. We will add it.

A business is a legally recognized organizational entity designed to provide goods and/or services to consumers or corporate entities. Businesses are mostly privately owned and created to earn profits and to increase the wealth of owners of the business. Not for profit businesses are designed to return the profits to charities or to those that received the products or services from that business. They include cooperative businesses and state-owned enterprises. The word business relates to the state of being busy either as an individual or society as a whole, doing commercially viable and profitable work.

There are several common forms of business entities. A sole proprietorship is a business owned by one person.  A partnership is a form of business in which two or more people operate for the common goal of making profit. A corporation is a for-profit, limited liability entity that has a separate legal personality from its members. A corporation is owned by multiple shareholders and is overseen by a board of directors, which hires the managerial staff. A Cooperative, referred to as a co-op business or co-op, is a for-profit, limited liability entity that differs from a corporation in that it has members, as opposed to shareholders.

There are many types of businesses. Manufacturers produce products from raw materials or component parts. Service businesses offer intangible goods or services and typically generate a profit by charging for labor or other services. Retailers and Distributors act as middlemen in getting goods produced by manufacturers to the intended consumer. Agriculture and mining businesses are concerned with the production of raw material, such as plants or minerals. Financials include banks and other companies that generate profit through investment and management of capital. Information businesses generate profits primarily from the resale of intellectual property. Utilities produce public services, such as heat, electricity, or sewage treatment, and are usually government chartered. Real estate businesses generate profit from the selling, renting, and development of properties, homes, and buildings. Transportation entities deliver goods and individuals from location to location, generating a profit on the transportation costs.

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