Definition of Domestic business:
Commercial activities conducted within a nation or a commercial entity that conducts economic transactions inside the borders of its home nation. A domestic business typically has the advantage of only having to deal with its local currency, customs, culture, regulations and tax system.
How to use Domestic business in a sentence?
- You may want to focus on your domestic business first because that is where your strongest customer base likely lies.
- Domestic business es often get tax breaks from their host governments, because the companies are keeping jobs and money within the border.
- When one owns a domestic business it can have a lot of pros and cons , being domestic is great customer service because you always have a local clientele in your neighborhood .
Meaning of Domestic business & Domestic business Definition