Definition of Domestic business:
Business activities or business entities in a country that conduct economic transactions within the borders of their home country. Generally, domestic companies only benefit from managing the local currency, customs, culture, regulations and tax system.
How to use Domestic business in a sentence?
- You want to focus on your national business first, because that's where your strongest customer base is.
- National companies usually receive tax breaks from the host government because the company limits jobs and money.
- There are many advantages and disadvantages to running a home-based business. Being home is the best customer service because there are always local customers in your neighborhood.
Meaning of Domestic business & Domestic business Definition