[Vocabulary] Start a business

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Is the following sentence correct? Should we use start a company instead of start a business?


  • Someday I will start a business, but now I have to finish my homework first.


Thank you for your help!
 
Three things:
1. A business is a company, so yes, it's fine to say 'start a business'. The word company by definition implies a larger organization with many people working together, though legally that's not necessary. A business can be just yourself.
2. Your second clause is redundant. You don't need to include both "now" and "first".
2a. ... but now I have to finish my homework.
2b. ... but I have to finish my homework first.
3. It's not necessary to thank in your post. If you appreciate one or more of the responses, you can simply click the 'like' button.
 
Think of company as the organisation that does the business, and business as the activity.

Following this, I suggest saying:

One day, I'd like to start a business.
One day, I'd like to have/run my own company.
 
Perhaps:

I would like to have my own business, but I have to finish school first.
 
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