Keyword Analysis & Research: definition of independent business

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Frequently Asked Questions

What are the characteristics of an independent business?

An independent business usually has characteristics such as media advertising, commercial telephone listing, business cards, business stationary or forms, its own Federal Employer Identification Number (FEIN), working under its own permits or operating authority, business insurance (liability & WC), and/or maintaining a separate establishment.

What does it mean to be an independent company?

It is a company that is a company in its own right and not a sub-division of another company or organisation. For example Pixar is a company that makes animated films, they were originally an independent owned entirely by Pixar shareholders, later they were purchased by Disney so they are no longer an independent company.

What is an independent enterprise?

Independent Enterprise. - means an enterprise which is free of any degree of direct or indirect ownership, or control by any firm which engages in activities similar to those in respect of which credit toward the Contract Participation Goal is sought, or by any Executive Director of such a firm, who is not a Historically Disadvantaged Individual.

What is the definition of independent in economics?

Definition of independent (Entry 1 of 2) 1 : not dependent: such as a (1) : not subject to control by others : self-governing

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