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W H AT BU S IN ESS ARE Y OF REALLY I N? WORKSHEET 1. What would someone pay you $100×hour to tell×teach×inform them about? 2. What are you repeatedly telling×showing×explaining to your clients?
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Start by determining the nature of your business. Are you a sole proprietor, a partnership, a corporation, or another type of legal entity? This information is essential for accurately describing your business.
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Next, specify the industry in which your business operates. Is it in retail, hospitality, technology, healthcare, or another sector? Providing this detail helps categorize your business correctly.
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Specify the products or services your business offers. Are you selling physical goods, providing consulting services, or offering software solutions? Clearly define your offerings to accurately portray your business.

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Entrepreneurs and small business owners: When starting a business or updating their profiles, entrepreneurs and small business owners need to specify what business they are in. It helps them showcase their expertise and attract relevant customers.
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The term 'What business are you' refers to the type of business entity that an individual or organization operates, such as a sole proprietorship, partnership, corporation, or LLC.
All individuals or organizations that operate a business are required to file information about their business entity.
To fill out information about your business entity, you will need to provide details such as the legal structure of the business, ownership information, and other relevant details.
The purpose of providing information about your business entity is to ensure compliance with regulations, taxes, and other legal requirements.
The information that must be reported on 'What business are you' includes details about the legal structure, ownership, and other relevant information.
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