Thursday, July 7, 2016

Firm

A firm is a business organisation, such as a corporation, partnership or sole proprietorship, that sells goods or services to customers to earn profit, that will increase the wealth of it's owners and grow the business.
The owners and operators of a firm have as one of their main objectives the receipt or generation of a financial return in exchange for their services.
While most firms have just one location, a single firm can consist of one or more establishments, as long as they fall under the same ownership.