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.
Independents sometimes are referred to as Indies.
|This business term article is a stub. You can help Wikipedia by expanding it.|