Definition, Meaning & Synonyms

thriving business

noun

/ˈθraɪvɪŋ ˈbɪznəs/

Definition

A thriving business is one that is flourishing, growing, and financially successful, often marked by an increase in sales, profits, and market presence.

Examples

The startup quickly became a thriving business, attracting investors and expanding its product line.
By focusing on customer satisfaction and innovation, the company evolved into a thriving business within just a few years.

Meaning

The term ‘thriving business’ refers to an enterprise that is doing exceptionally well in its operations, achieving significant growth and profitability.