Meaning of “set-up” in the English Dictionary

(Definition of “set-up” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"set up" in Business English

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set up

phrasal verb with set uk /set/ us verb setting, set, set

[ I ] COMMERCE to start a new business:

One way in which people are responding to such pressures is by setting up on their own, often by selling their services to their former employers.
She wants to repay the committee for the help she received when setting up in business.

(Definition of “set up” from the Cambridge Business English Dictionary © Cambridge University Press)