Possession of a business

Answer 1

is the owning or controlling of a company or enterprise by an individual or group of individuals. This includes having legal rights and responsibilities over the business, such as making decisions, managing operations, and keeping the profits or losses generated by the business. Possession of a business can be acquired through purchase, inheritance, or starting a new business from scratch. It is important for business owners to comply with regulations and laws governing ownership and operation of the business.