Could socialism work in a business type setting?

I was thinking that the reason socialism has always failed as a government system, is because lazy people rely on other people to do the work to make money but then the other people get lazy too and noone works and has money and then SUFFERS.
However, the lazy people could be fired in a business, and every one could work toward a common goal, is this a good idea? why or why not is what i want to know.