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  • In business, an independent business as a term of distinction generally refers to privately owned companies. 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. Other terms of distinction used in addition to independent businesses include small business, locally-owned business and startup business, which have varying subtleties of distinction. Independents sometimes are referred to as Indies. Wikipedia

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