A profession typically involves specialized knowledge and skills acquired through formal training and education, often requiring certification or licensing. Examples include doctors, lawyers, engineers, and accountants. ... Read more

Businesses are entrepreneurial in nature, involving ownership and management, while professions focus on individual skill development . ... Read more

Comparison of Business, Profession and Employment. Economic activities are divided into three major categories, namely business, professions and employment. ... Read more

This guide will help you explore the core difference between business and profession with examples. It will also highlight legal and tax implications. ... Read more