The TLD doesn't matter whatsoever. It doesn't matter if you have a .com, .biz, .net, .org, or whatever. A .biz domain name has just as good a chance of ranking well as a .com domain.
Even if the "name" you want is not available in the .com and just the .biz, you might consider using another name, perhaps your business name. The domain name itself doesn't matter at all when it comes to search engine rankings.
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