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I do not understand what exactly "one business" means?

Business is your occupation, profession or trade. You might have more than one business and for each business you might have different clients, employees, subcontractors, expenses and so on. For example, your company might do plumbing work and electrician work. With the Pro version of Job Manager, you can separate those businesses into two with completely separate data for each and include both businesses under one Job Manager account. One business in included in every subscription type. You can purchase up to 3 businesses per account and switch between them with just a tap.