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We have a Business account with 4 Licensed users. Can each of those Licensed users run 2 concurrent meetings or is the business account limited to 2 concurrent meetings total, regardless of how many Licensed users it has?
Each user can host meetings independently and simultaneously of one another on an account. User A and User B can both schedule meetings for the same date and time, and should have no issues running them at the same time.
The support article regarding concurrent meetings says: "Licensed users on Enterprise, Business, and Education accounts can host up to 2 meetings at the same time." This means that each licensed user on those account types can host up to 2 meetings at the same time, independently and simultaneously of one another.