Forum Post: Wikipedia: Business
Posted 13 years ago on Oct. 10, 2011, 2:48 p.m. EST by Im1percent
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A business (also known as enterprise or firm) is an organization engaged 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.
Anybody can start one. If you don't like the current crop of oil companies, start your own.