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A businessman or a businesswoman or any businessperson is a person who is involved in the business sector. A businessperson is said to be someone who employs the four factors of production, namely: land, labor, capital and entrepreneur to generate cash flow or produce factor services in turn to gain revenue with a prospect for economic growth and development. These people are said to be self employed and are characterized for involving in trade of goods and services. These are supposed to be the head of the firm they are running. An entrepreneur is further categorized as a person who set ups the business or is the one behind the potential idea of any start up.
Broadening the aspect of person being the head of the firm, it said that they can be the founder, major shareholder, owner or any high level executive of the commercial enterprise, actively involved in the running, maintenance and development of the company. The leading and the most highlighted characteristic of any businessperson is that they are involved in business, i.e. in the race of making money and profits. Their main target is to maximise profit and work for the well being of their firm. Non Profit firms engaging in activities cannot be classified as businesses and hence the people involved at higher authority can be categorised as businesspersons.