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Independent business

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1Independent business Empty Independent business Fri Dec 31, 2010 8:36 pm

kosovohp

kosovohp
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In business, an independent business as a term of distinction generally refers to privately owned companies (as opposed to those companies owned publicly through a distribution of shares on the market). Independent businesses most commonly take the form of sole-proprietorships. "Independent" is frequently used to distinguish one-of-a-kind businesses from corporate chains or conglomerates. Thousands of communities have joined organizations such as the American Booksellers Association, the 3/50 Project, and the American Independent Business Alliance to better distinguish independent businesses from chains in the minds of consumers.
Other terms of distinction used in addition to independent businesses include small business, locally-owned business and startup business, which have varying subtleties of distinction.

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