The name is derived from the nautical term "the roads", a place less sheltered than a harbour but which ships can easily get to. A 28 hectares (69 acres) development called Wickham's Cay, consisting of two areas that were reclaimed from the sea and a marina, have enabled Road Town to emerge as a haven for yacht chartering and a centre of tourism. This area is the newest part of the city and the hub for the new commercial and administrative buildings of the BVI. The oldest building in Road Town, the HM Prison on Main Street, dates from the 1840s.
The British Virgin Islands enjoy a tropical climate, moderated by trade winds. Temperatures vary little throughout the year. In the capital, Road Town, typical daily maxima are around 32°C (89.6°F) in the summer and 29°C (84.2°F) in the winter. Typical daily minima are around 24°C (75.2°F) in the summer and 21°C (69.8°F) in the winter. Rainfall averages about 1,150mm (45.3in) per year, higher in the hills and lower on the coast. Rainfall can be quite variable, but the wettest months on average are September to November and the driest months on average are February and March. Hurricanes occasionally hit the islands, with the hurricane season running from June to November.
A business, also known as an enterprise, agency or a firm, is an entity involved in the provision of goods and/or services to consumers. Businesses are prevalent in capitalisteconomies, where most of them are privately owned and provide goods and services to customers in exchange for other goods, services, or money. Businesses may also be social not-for-profit enterprises or state-owned public enterprises targeted for specific social and economic objectives. A business owned by multiple individuals may be formed as an incorporated company or jointly organised as a partnership. Countries have different laws that may ascribe different rights to the various business entities.
Business can refer to a particular organization or to an entire market sector, e.g. "the music business". Compound forms such as agribusiness 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.