Business
![]() |
A business (noun) (or 'going concern') is a trading entity that sells goods or services to other businesses or individuals in order to realise a profit.
Types of businesses can include:
- Sole traders
- Partnerships
- Private limited companies
- Public limited companies
- Co-operatives
- Government agencies.
- Charities.
- Voluntary organisations
- Partnerships
- Limited liability companies.
- Unlimited companies.
- Franchises
- Cooperatives
Businesses typically draw up a business strategy; a written statement of the organisation’s key aims which are designed to achieve its objectives. A full description of the strategy is usually found in the business plan.
Businesses typically have various departments, each with its particular objectives, as defined in the business plan. Larger businesses have a wider range of departments than smaller ones. Depending on the size of the business, these departments can include:
- Sales and marketing
- Accounting and finance
- Human resources
- Production
- Research & Development
- Health and safety
- Corporate social responsibility
A company is a legally-recognised group or association of people who have a common goal and who use their respective talents to achieve that goal. In the UK, companies must be registered under the Companies Acts (or other similar legislation). For more information see: Company.
[edit] Related articles on Designing Buildings Wiki
Featured articles and news
Deputy editor of AT, Tim Fraser, discusses the newly formed society with its current chair, Chris Halligan MCIAT.
Barratt Lo-E passivhaus standard homes planned enmasse
With an initial 728 Lo-E homes across two sites and many more planned for the future.
Government urged to uphold Warm Homes commitment
ECA and industry bodies write to Government concerning its 13.2 billion Warm Homes manifesto commitment.
Places of Worship in Britain and Ireland, 1929-1990. Book review.
The emancipation of women in art.
CIOB Construction Manager of the Year 2025
Just one of the winners at the CIOB Awards 2025.
Call for independent National Grenfell oversight mechanism
MHCLG share findings of Building Safety Inquiry in letter to Secretary of State and Minister for Building Safety.
The Architectural Technology Awards
AT Awards now open for this the sixth decade of CIAT.
50th Golden anniversary ECA Edmundson awards
Deadline for submissions Friday 30 May 2025.
The benefits of precast, off-site foundation systems
Top ten benefits of this notable innovation.
Encouraging individuals to take action saving water at home, work, and in their communities.
Takes a community to support mental health and wellbeing
The why of becoming a Mental Health Instructor explained.
Mental health awareness week 13-18 May
The theme is communities, they can provide a sense of belonging, safety, support in hard times, and a sense purpose.
Mental health support on the rise but workers still struggling
CIOB Understanding Mental Health in the Built Environment 2025 shows.
Design and construction material libraries
Material, sample, product or detail libraries a key component of any architectural design practice.
Construction Products Reform Green Paper and Consultation
Still time to respond as consultation closes on 21 May 2025.
Resilient façade systems for smog reduction in Shanghai
A technical approach using computer simulation and analysis of solar radiation, wind patterns, and ventilation.
Comments
The article on 'Business' on designingbuildings.co.uk provides a comprehensive insight into the world of business within the construction sector. What piqued my interest most, however, was the role of office technology in streamlining operations. This underpins the importance of staying ahead of the curve with technological advancements to ensure productivity, efficiency, and ultimately success in today's highly competitive market. Worth a read for those seeking a solid understanding of business structures and processes!
Thanks for your comment. Did you know you can create a company account for free, write informative articles on your specialist subject and post these so that your company profile appears at the top.