Sole trader, partnership and private limited company are the three main benefits. A sole trader is the simplest form of business structure and is relatively easy and inexpensive to set up, A business partner is a commercial entity with which another commercial entity has some form of alliance, Private limited company is a type of privately held small business entity.

There are many businesses around our community, and businesses that provides good service and a business that provides good. For the past few weeks we have been learning about what is a business and today we learnt about why are businesses useful.

Our answer for the second one was  that businesses provides a good or provides great services to customers. Businesses are also the means by which many people get their jobs and a career for themselves.

Business is extremely important to a country's economy because businesses provide both goods and services and jobs. It is important to everyone in the community because that business is their career and it provides them money, food, and clothes to put on their kids.