A business is an enterprise or a firm, or any organization involved in the trade of goods, services, or both to consumers. Businesses are generally privately owned and provide goods and services to customers in exchange for other goods, services, or money. Businesses may also be not-for-profit or state-owned. A business owned by multiple individuals may be referred to as a company.
Business can refer to a particular organization or to an entire market sector, e.g. "the technology business". Compound forms such as techbusiness represent subsets of the word's broader meaning, which encompasses all activity by suppliers of goods and services. The goal is for sales to be more than expenditures resulting in a profit.