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What is a business enterprise?

By Zippia Team - Sep. 7, 2022

A business enterprise is any venture where the primary goal is monetary profit. It is any individual or company's attempt to sell either products or services to consumers for specific amounts of money in return.

Business enterprises run the gamut in terms of industries. They can be in the industrial, financial, advertising, food, and entertainment industries. These are just a few examples because business enterprises are in every industry.

From a legal standpoint, a business enterprise means any company, firm, sole proprietorship, association, partnership, corporation, or other business entity of any kind. This includes and is not limited to a limited liability corporation (LLC), incorporated professional association, joint venture, trust, or estate.

What is a business enterprise?

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