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company noun an institution created to conduct business "he only invests in large well-established companies"; "he started the company in his garage"What is the difference between a corporation and a business?
A corporation is a business entity that legally exists separately from its owner(s). The owners of a corporation are shareholders; their percentage of ownership in the business is represented by their corporate stocks or shares.How would you describe your business?
Business should be described in terms of the value it provides to its customers. It can either be a set of products and services that you offer to the end consumers or a value added activity you do for some other business. You can also add the mission and vision of your business and a lot of other such things.