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:

    Our Constitution ... was not a perfect instrument, it is not perfect yet; but it provided a firm base upon which all manner of men of all races, colors and creeds could build our solid structure of democracy.
    Franklin D. Roosevelt (1882–1945)

    What forests of laurel we bring, and the tears of mankind, to those who stood firm against the opinion of their contemporaries!
    Ralph Waldo Emerson (1803–1882)

    “Pop” Wyman ruled here with a firm but gentle hand; no drunken man was ever served at the bar; no married man was allowed to play at the tables; across the face of the large clock was written “Please Don’t Swear,” and over the orchestra appeared the gentle admonition, “Don’t Shoot the Pianist—He’s Doing His Damndest.”
    —Administration in the State of Colo, U.S. public relief program. Colorado: A Guide to the Highest State (The WPA Guide to Colorado)