Describing a business or entity that is not controlled or operated by a larger corporation or government. Independence is characterized by decision-making autonomy, financial self-sufficiency, and a distinct operational identity. This typically signifies a smaller scale of operation compared to a franchise or a conglomerate, allowing for greater flexibility and responsiveness to local market conditions and customer needs. Independent ownership often fosters a strong sense of community and personalized service.
Independently-owned meaning with examples
- The charming bookstore on Main Street is a cherished independently-owned establishment. Unlike the massive chain bookstores, they offer a curated selection of books and knowledgeable staff, fostering a personalized shopping experience and supporting the local community. They truly embody the spirit of an independent business.
- We prefer supporting independently-owned restaurants to multinational fast-food chains. The food tends to be fresher, the ingredients locally sourced, and the overall atmosphere feels more authentic. The owners are passionate about their craft, translating to a more enjoyable dining experience for the customer.
- The family-run hardware store across the street is independently-owned. They provide better service than the big box stores and their staff is really knowledgeable. I have found I can get better deals with the independently owned store because they are willing to work with you to find what you need.
- Many local craft breweries are independently-owned, allowing them to experiment with unique flavors and brewing techniques without corporate oversight. This freedom fosters innovation and a strong sense of identity, resulting in a diverse and exciting beer landscape. They are able to respond quickly to trends.