[ask] can you tell me the difference?

Discussion in 'Copywriting' started by haris182, Jul 2, 2010.

  1. #1
    Hi DP people :D,

    I wanna ask something, what's the different between business and finance? (lol)

    I wanted to write niche articles related to business and finance...

    Is mortgage, real state, foreclosures and etc. categorized as finance? what about business? What about insurance thing?

    thanks!
     
    haris182, Jul 2, 2010 IP
  2. YMC

    YMC Well-Known Member

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    #2
    The short, flip answer is that I would define them however my target customer and his/her audience defines them.

    As to my definition and using your examples, mortgage and foreclosures would be under finance and real estate would be a business topic with strong ties to finance.

    Do keep in mind your examples related to "financing" whereas I think with the more general term of finance you would also see stocks, bonds, accounting, payroll, etc - all things that deal with money.

    Just my 2 cents, take it for what it's worth.
     
    YMC, Jul 2, 2010 IP
  3. dyadvisor

    dyadvisor Peon

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    #3
    YMC: take it easy your are pretty much up the right direction here. However this is the area where my specialty was (and my wife's still is.)

    The word finance is hard to pinpoint, as directories started this incorrect wording. There should be two words. They should be finance and financial.

    Finance means exactly that is where you are making payments on a purchase. There are mortgage lenders, banks, real estate, payday loans, college student loans, and anything related would fall in that category. That is a tougher market, because the fluctuations in economy can have such a major impact.

    My area of specialization was working with the financial sector. Think of this the area where people want to protect a risk, or take a risk to make more money on their existing money. This would include insurance companies, investment companies. stock brokerage houses, 1,800,000 insurance agents, stock brokers, financial planners, and broker-dealers.

    Now the financial sector while determined by economy, is not all that swayed by it. This is an excellent sector to write articles for. If for example you work with a firm selling financial/insurance products, rarely will the profits be under $1,000 on a sale.

    If in turn the person you wrote for sold Clickbank products they might make $50 profit. There, the more profit potential there is, a qualified writer that knows the market, and make far above standard writing wages.

    -----------------------------hope this helps---------------------------------
     
    dyadvisor, Jul 2, 2010 IP
  4. omarabid

    omarabid Well-Known Member

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    #4
    I think when writing articles there's no why how you can differentiate business from finance. Finance is the talk about business and business is what makes finance what it is. So just forget about the definition and start writing.
     
    omarabid, Jul 2, 2010 IP
  5. Perry Rose

    Perry Rose Peon

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    #5
    What, omarabid said.

    That's it, right there. ... And, short and to the point.
     
    Perry Rose, Jul 2, 2010 IP
  6. atreides

    atreides Peon

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    #6
    quick input

    finance: management of resources, a branch of economics
    business: a noun or a verb signifying income generation
     
    atreides, Jul 2, 2010 IP
  7. haris182

    haris182 Greenhorn

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    #7
    yeah... thanks guys!
    i love DP :D

    because i want to write news articles, it's about business news and finance news...

    i think i understand a "little" now :D
     
    haris182, Jul 2, 2010 IP
  8. digitalchat

    digitalchat Peon

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    #8
    I think business is mainly about how to make money, while finance is mainly about how to manage your money.
     
    digitalchat, Jul 2, 2010 IP