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Business
From Wikipedia, the free encyclopedia
Business is the activity of making one's living or making money by producing or buying and selling products (such as goods and services). Simply put, it is "any activity or enterprise entered into for profit."Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business.
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Consultant
From Wikipedia, the free encyclopedia
A consultant (from Latin: consultare "to deliberate") is a professional (also known as Expert, Specialist, see variations of meaning below) who provides advice and further purposeful activities in an area of specialization.Harvard Business School defines a consultant as someone who advices on "how to modify, proceed in, or streamline a given process within a specialized field."Consultant Peter Block defines a consultant as "someone who has influence over an individual, group, or organization, but who has no direct authority to implement changes." He contrasts this with a surrogate manager who is a person who "acts on behalf of, or in place of, a manager." The key difference is that a consultant never makes decisions for the individual or group, whereas a surrogate manager does make decisions.In his book, The Consulting Bible, Alan Weiss defines that "When we [consultants] walk away from a client, the client's conditions should be better than it was before we arrived or we've failed."
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