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More specifically defined, Independent means: • The business is registered only in its home state, and has no affiliation with an out of state headquarters or corporate office • Full decision making function for the business is held by the local owner(s), including the name, signage, brand, appearance, purchasing,...What does independence mean to you?
Also independency. the state or quality of being independent. freedom from the control, influence, support, aid, or the like, of others. Archaic. a competency. ARE YOU A TRUE BLUE CHAMPION OF THESE "BLUE" SYNONYMS?Is independent ownership the right choice for your business?
If you want to fully develop and market an innovative product, for example, independent ownership may be the better choice. In fact, if you have a truly new idea, whether it’s a distinctive craft beer or a new cleaning method, an independent structure is likely the only way to achieve it.Should you own an independent business or a franchise?
If that describes you, either an independent business or a franchise can fit the bill. There are important differences between independent ownership and becoming a franchisee.