A businessman or businesswoman is a person who has ownership or shareholdings over a private establishment and undertakes activities (commercial or industrial) for the purpose of generating cash flow, sales, and revenue by utilizing a combination of human, financial, intellectual, and physical capital with a view to fueling economic development and growth.
The term "businessperson" may refer to a founder, owner, or majority shareholder of a private establishment. The term may sometimes refer to someone who is an angel investor of a private entity.