Business Description – Entrepreneur.com

Let readers of your business plan know exactly what type of business you’re in.

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!


5 min read

Opinions expressed by Entrepreneur contributors are their own.


The business description usually begins with a short description of the industry. When describing the industry, discuss the present outlook as well as future possibilities. You should also provide information on all the various markets within the industry, including any new products or developments that will benefit or adversely affect your business. Base all of your observations on

Read more

Analysis: Elite investors accessing Trump briefings is everything that’s wrong with the stock market

At the time, Trump was assuring Americans on Twitter that the coronavirus was “very much under control” and claiming the stock market was “starting to look very good to me!”

Word of private uncertainties held by US officials quickly spread to elite investors via a hedge fund consultant, the Times reported. That intel gave these traders a crucial leg up on common investors, allowing them to make timely bets that stocks would drop.

“Short everything” was the reaction of one major investor briefed on the memo from the hedge fund consultant, the Times said.

Elizabeth Warren slams Disney for laying off thousands of workers after awarding fat executive pay packages
By March 11, the S&P 500
Read more

When Is The Best Time to Sell Your House?

Figuring out the right time to sell can help you maximize the sale price of your home and take some stress out of the process. Here are tools and tips for deciding when is a good time — both financially and emotionally — to sell your house.

When is the best time to sell?

Nationwide, the best time to sell a home in 2019 to maximize return and minimize time on the market is May 1 to May 15. Homes sold in the first half of May sell six days faster and for $1,600 more than the average listing. And

Read more

Billionaire investor Bill Ackman offers new hints on possible targets for his record-breaking SPAC


  • Pershing Square Tontine is looking at employee-owned and family-controlled businesses as potential targets for a merger, Bill Ackman said in an interview with investor Whitney Tilson.
  • The billionaire investor previously indicated his special-purpose acquisition company, or SPAC, was eyeing “mature unicorns” and “high-quality, venture-backed businesses” as takeover targets.
  • Ackman added that he limited the size of his blank-check firm to avoid shrinking the pool of merger candidates.
  • The SPAC aims to take a minority stake in a company worth between $10 billion to $15 billion, the billionaire investor said.
  • Visit the Business Insider homepage for more stories
Read more

California Prop. 15 explained: Voters to decide ‘split roll’ property tax hike on big business

As Election Day on Nov. 3 approaches, California voters will be asked to decide on Proposition 15, which would increase funding for public schools, community colleges and local governments by changing how commercial and industrial properties are taxed.

Back in 1978, Proposition 13 was the taxpayers’ revolt against high property taxes and doing anything to change it was considered touching the third rail of politics. Proposition 15 would change it.

Proposition 15 increases property taxes on most commercial real estate worth more than $3 million. It does not touch private property tax.

Private property taxes and smaller businesses would continue

Read more