Business history presents so many problems and opportunities that I hardly know which ones to discuss in the time available or where to start. Perhaps it is well to begin by reminding ourselves just what business history is, for there is a great deal of misunderstanding on this point. I refuse to attempt a precise definition because it seems to be impossible to obtain a satisfactory definition of the term “business” itself, but I think that I can give a fairly clear idea of the scope of the field.