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Independent business

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.[1]

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ReferencesEdit

  1. ^ Masters, Terry. "The 5 Main Characteristics of Proprietorship". AzCentral. Retrieved 25 October 2014.

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