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  2. Firm vs. Company Although they appear synonymous and are often used interchangeably, there is a difference between a firm and a company. A company can be any trade or business in which goods or services are sold to produce income. Further, it encompasses all business structures, such as a sole proprietorship, partnership, and corporation.
    www.investopedia.com/terms/f/firm.asp
    So, in summary, a 'firm' can mean any type of business, but usually the appellation implies that it is not registered as a company. A 'company' is a business which is registered with the Registrar of Companies and is subject to the Companies Acts.
    english.stackexchange.com/questions/138076/diffe…
    A "firm" traditionally refers to a business entity, particularly in the fields of law, accounting, or consulting, and is often used to describe partnerships or sole proprietorships. A "company," however, is a broader term that encompasses any type of business entity, including corporations, limited liability companies (LLCs), and partnerships.
    www.difference.wiki/firm-vs-company/
    A firm refers to a business involved in the selling of services and products for profit, usually professional services. On the other hand, a company refers to a business involved in any income-generating activity involving the sale of goods and services and includes all business trades and structures. Both, however, are for-profit businesses.
    www.differencebetween.net/business/difference-be…
    The word "firm" is used interchangeably with the term "company". From a linguistic point of view company is a broader notion of business entity. The notion of “company” embraces the notion of “firm”. In simple words, all business entities are usually referred as companies.
    ell.stackexchange.com/questions/61071/what-is-th…
     
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  4. WEBNov 11, 2016 · Both its and their are pronouns. While its is a singular pronoun, their is a plural pronoun. A company is a collective noun. In …

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