No, actually, the purpose of a business is to make money. That's why it's *creat... | Hacker News

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		tsotha on July 11, 2012 \| parent \| context \| favorite \| on: Lies, Damn Lies and LIBOR No, actually, the purpose of a business is to make money. That's why it's created, after all. Now, businesses do bring benefits to society, on the whole, but that's not why they exist.

michaelt on July 11, 2012 [–]

Business owner here. The purpose of a business is to do whatever the business owners want it to do.

tsotha on July 12, 2012 | [–]

Well, sort of. If you don't actually make money for a few years the IRS can declare it a hobby and disallow deductions.

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