What is another word for place of business?
Pronunciation:
[ plˈe͡ɪs ɒv bˈɪznəs], [ plˈeɪs ɒv bˈɪznəs], [ p_l_ˈeɪ_s ɒ_v b_ˈɪ_z_n_ə_s]
How to use "Place of business" in context?
A place of business is any physical location from which one conducts business. This may include a home, an office, a small store, or a large warehouse. Place of business typically refers to a singular location, but it is also possible to have multiple locations that operate as one business.
To be considered a business, a place of business must have a certain level of legitimacy and must meet certain legal requirements. For example, a business must have a registered address, must be in business, and must have valid tax documentation.
Importance of a place of business
A business is only as successful as its place of business.
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