Small Business

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Small Business

A type of enterprise that is independently owned and operated, has few employees, does a small amount of business, and is not predominant in its area of operation.


Sole Proprietorship.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.
References in periodicals archive ?
The shopping center is home to more than 100 unique stores, half of which are locally-owned, mom-and-pop shops. Additionally, it features 20 restaurants and a movie theater.
The Web site of Rockville, Maryland-based consulting firm Mercury Partners offers articles such as "Points to Consider Before Raising Capital," "Five Business Plan Mistakes: How to Avoid Them" and "Understanding Cash Flow." This site also includes links to the Small Business Administration's home page and other Web stops of interest to mom-and-pop shops.
Nearly all businesses, from mom-and-pop shops to utilities, interact with banks in cyberspace.
Ranging in size from major retailers to mom-and-pop shops, customers use a credit card to purchase from distributors.
Many distribs blame the four-year decline in rentals -- a slumping economy notwithstanding -- on the outdated mom-and-pop shops that still account for 90% of the nation's estimated 16,000 video rental arenas.
According to Yoo, mom-and-pop shops participating in the Supercomm test have been caught underreporting sales.
Some are mom-and-pop shops operating out of garage-sized spaces, but Portugal also boasts some of the largest toolmakers in the world.
Instead, Microsoft is focusing on simplicity to bring aboard the mom-and-pop shops. They face an infrastructure challenge, Santillan says.
But growth hasn't squeezed out the mom-and-pop shops. Offering convenience and speed--and fighting hard to keep costs down--they have been able to keep their heads above water, and even thrive, in the midst of giants.