Meaning of the word "be open for business" in English

What does "be open for business" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

be open for business

US /bi ˈoʊpən fɔr ˈbɪznɪs/
UK /bi ˈəʊpən fɔː ˈbɪznɪs/
"be open for business" picture

Idiom

to be ready to start operating or serving customers

Example:
The new restaurant will be open for business next month.
After the renovations, the hotel is finally open for business.