Bailey works as a self-employed golf pro at the local country club,allowing him to spend more time with his young family.He'll never earn much but he and his family are happy.Which type of small business does Bailey have?

Question

Quizplus · Accepted Answer

Bailey's business is a lifestyle business, as it allows him to have a certain lifestyle (spending time with his family) rather than focusing solely on growing the business or maximizing profits.

Bailey Works as a Self-Employed Golf Pro at the Local