For profit in the context of "Scheduled coach transport"

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⭐ Core Definition: For profit

Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit."

A business entity is not necessarily separate from the owner and the creditors can hold the owner liable for debts the business has acquired except for limited liability company. The taxation system for businesses is different from that of the corporates. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business.

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👉 For profit in the context of Scheduled coach transport

An intercity bus service (North American English) or intercity coach service (British English and Commonwealth English), also called a long-distance, express, over-the-road, commercial, long-haul, or highway bus or coach service, is a public transport service using coaches to carry passengers significant distances between different cities, towns, or other populated areas. Unlike a transit bus service, which has frequent stops throughout a city or town, an intercity bus service generally has a single stop at one location in or near a city – usually at a transit interchange – and travels long distances without stopping at all. Intercity bus services may be operated by government agencies or private industry, for profit and not for profit. Intercity coach travel can serve areas or countries with no train services, or may be set up to compete with trains by providing a more flexible or cheaper alternative.

The conversion of intercity road lanes into public transit only lanes can significantly increase the efficacy of the public transit system, especially when done in scale as in Israel. However, lack of enforcement can reduce the efficiency and speed of intercity buses on such lanes. The creation on scale of public transit only intercity lanes through the conversion of existing car lanes into public transit only lanes can lead to major boosts to the economy according to The Marker.

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For profit in the context of Intercity bus

An intercity bus service (North American English) or intercity coach service (British English and Commonwealth English), also called a long-distance, express, over-the-road, commercial, long-haul, or highway bus or coach service, is a public transport service using coaches to carry passengers significant distances between different cities, towns, or other populated areas. Unlike a transit bus service, which has frequent stops throughout a city or town, an intercity bus service generally has a single stop at one location in or near a city – usually at a transit interchange – and travels long distances without stopping at all. Intercity bus services may be operated by government agencies or private industry, for profit and not for profit. Intercity coach travel can serve areas or countries with no train services, or may be set up to compete with trains by providing a more flexible or cheaper alternative.

The conversion of intercity road lanes into public transit only lanes can significantly increase the efficacy of the public transit system, especially when done in scale as in Israel. However, lack of enforcment can reduce the efficiency and speed of intercity buses on such lanes. The creation on scale of public transit only intercity lanes through the conversion of existing car lanes into public transit only lanes can lead to major boosts to the economy according to The Marker.

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For profit in the context of Government contractor

A government contractor is a company (privately owned, publicly traded or a state-owned enterprise) – either for profit or non-profit – that produces goods or services under contract for the government. Some communities are largely sustained by government contracting activity; for instance, much of the economy of Northern Virginia consists of government contractors employed directly or indirectly by the federal government of the United States.

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