Keyword Analysis & Research: small independent business definition

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Frequently Asked Questions

What does independent business mean?

An independent business is a business that is free from outside control. It usually means a privately owned establishment, as opposed to a public limited company, the latter of which is owned by investment shares traded in the stock market. In many cases, independent businesses are sole proprietorship companies.

Is the NFIB really voice for small businesses?

The NFIB is an organization with a mission to be a voice for small business owners . According to the NFIB mission, they provide support to those who are starting, running, or growing their small or independent businesses. Small business owners can sign up to become members of NFIB for an annual membership fee.

What is the National Federation of Independent Business?

The National Federation of Independent Businesses (NFIB) is the largest U.S. advocacy organization representing small and independent businesses.

What is an incorporated company?

An incorporated company, or corporation, is a separate legal entity from the person or people forming it. Directors and officers purchase shares in the business and have responsibility for its operation. Incorporation limits an individual's liability in case of a lawsuit.

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