Firm

Firm

A business (also known as enterprise or firm) is an organization involved in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit or state-owned. A business owned by multiple individuals may be referred to as a company, although that term also has a more precise meaning.

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Famous quotes containing the word firm:

    So far we have been going firmly ahead, feeling the firm ground of prejudice glide away beneath our feet which is always rather exhilarating, but what next? You will be waiting for the bit where we bog down, the bit where we take it all back, and sure enough that’s going to come but it will take time.
    —J.L. (John Langshaw)

    With wavering steps does fickle fortune stray,
    Nowhere she finds a firm and fixed abode;
    But now all smiles, and now again all frowns,
    She’s constant only in inconstancy.
    Ovid (Publius Ovidius Naso)

    I have this hope in God that he will hear our prayers, given the firm faith we place in him: and that he will accomplish this wish of ours, seeing as it is a moderate one.
    François Rabelais (1494–1553)