/biz/ - Business & Finance

Now that you have defined your goals and desires, it is time to define the purpose(s) of your entity. It is time to think about the task(s) of the entity. Think about the role it will play in the manifestation of your goals and desires.
In the example provided earlier, the attainment of a lump some of cash, your entity could have different types of tasks based upon your goals and desires. Let's say for example that you wish to receive a lump sum of cash, and you wish to receive it through the sale of a sculpture. You may wish to have the entity provide inspiration and fine craftsmanship to you during the creation of the sculpture. You may wish to have the entity attract the attention of fine art collectors from your region to buy your artwork. Then entity could even have a task of influencing anyone that lays eyes upon the artwork to want to buy the piece. There are many options available to you during the creation of your entity's task(s).
After you have defined the entity's task(s), you must figure out the realm of influence the entity will have. The realm of influence is like the "trade" or "craft" of the entity. There are two realms of influence that need to be defined, the general and the specific.
The general realm of influence describes what type of "trade" or "craft" the entity is involved in. For example a baseball player would have the general realm of influence in sports. A journalist could have different ones to choose from—depending on the way you want to look at it. The journalist's general realm of influence could be information
or art (assuming that you view writing as an art-form).