what is firm

A firm is a business organization, such as a corporation, limited liability company, or partnership, that sells goods or services to make a profit. It can also refer to a company that sells a service to customers, though sometimes a physical good may be transmitted as well. The term "firm" is often used to describe entities in particular industries such as law and accounting, and it is commonly used interchangeably with the term "company". In addition, "firm" can also be used as an adjective to describe something that is not soft but not completely hard, well fixed in place or position, or not subject to change or revision.