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Business refers to at least three closely related commercial topics. The first is a commercial, professional or industrial organization or enterprise, generally referred to as "a business." The second is commercial, professional, and industrial activity generally, as in "business continues to evolve as markets change." Finally, business can be used to refer to a particular area of economic activity, such as the "record business" or the "computer business" (see Industry). This article is concerned primarily with the first definition of individual businesses, but also contains links to general business and management topics, in the sense of the second definition.

Individual businesses are established in order to perform economic activities. With some exceptions (such as cooperatives, non-profit organizations and generally, institutions of government), businesses exist to produce profit. In other words, the owners and operators of a business have as one of their main objectives the receipt or generation of a financial return in exchange for expending time, effort and capital.

Welcome to the Office of Business Relations and Economic Development website. BRED offers a variety of programs to maximize US COUNTY's potential as a center for robust companies, job opportunities, thriving neighborhoods, and cultural resources. The depth and breadth of our programs and the variety of our business resources aim at leveraging regional collaboration to fuel economic growth for US COUNTY residents and businesses.

The Business Development Program exemplifies our long-term commitment to the retention and expansion of homegrown firms and public-private partnerships that increase the standard of living for area residents. Business finance programs, Export Promotion programs, and the targeting of specific business centers for business district revitalization are examples of initiatives undertaken by BRED to support and enhance our regional economy. The work of the Contract Compliance team bolsters inclusiveness in US COUNTY contracts and services.

Our Workforce Development Program provides job opportunities for residents, with an emphasis on training low-income workers to help them gain the skills that are needed by local businesses. Through the US COUNTY Apprenticeship Program, and similar programs, we hope to provide employment and career advancement for US COUNTY residents.

The Historic Preservation Program ensures that as the county grows and changes, our diverse array of historic and archaeological resources are preserved for future generations. Projects include enhancing historic transportation corridors, promoting economic development through the restoration of historic main streets in rural and suburban areas, reviewing development proposals to ensure compliance with local, state and federal cultural resource laws, and facilitating adaptive reuse of our historic residential and commercial building stock.

Our website offers a comprehensive list of resources and includes such valuable tools as the Business Resource Guide and the Environmental Resources for Business guide. We also support Contracting Opportunities for small, economically disadvantaged businesses and report on Economic Indicators that define key trends at the national, state and county levels.

Thank you for your interest in the US COUNTY Office of Business Relations and Economic Development. We wish you much success in your endeavors.

Types of Businesses

There are many types of businesses, and, as a result, businesses can be classified in many ways. One of the most common focuses on the primary profit-generating activities of a business, for example:


  • Manufacturers produce products, from raw materials or component parts, which they then sell at a profit. Companies that make physical goods, such as cars or pipes, are considered manufacturers.
  • Service businesses offer intangible goods or services and typically generate a profit by charging for labor or other services provided to other businesses or consumers. Organizations ranging from house painters to consulting firms to restaurants are types of service businesses.
  • Retailers and Distributors act as middle-men in getting goods produced by manufacturers to the intended consumer, generating a profit as a result of providing sales or distribution services. Most consumer-oriented stores and catalogue companies are distributors or retailers.
  • Agriculture and mining businesses are concerned with the production of raw material, such as plants or minerals.
  • Financial businesses 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 and include movie studios, publishers and packaged software companies.
  • 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 businesses deliver goods and individuals from location to location, generating a profit on the transportation costs.

There are many other divisions and subdivisions of businesses. The authoritative list of business types for North America (although it is widely used around the world) is generally considered to be the NAICS, or North American Industry Classification System. The equivalent European Union list is the NACE

Business and Government

Most legal jurisdictions specify the forms that a business can take, and a body of commercial law has developed for each type. Some common types include partnerships, corporations (also called limited liability companies), and sole proprietorships.

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Business and Management

The study of the efficient and effective operation of a business is called management. The main branches of management are financial management, marketing management, human resource management, strategic management, production management, service management, information technology management, and business intelligence.

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last updated July, 2013

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