Examlex
The following are examples of LBOs except:
Independently Owned
Businesses or properties that are owned by individuals or private entities rather than corporations or chains.
Franchise
A business arrangement where one party (the franchisor) grants another party (the franchisee) the right to use its trademark or business model to offer, sell, or distribute goods or services.
Necessity-based Entrepreneurship
Entrepreneurial activities initiated as a result of limited job opportunities or economic necessity, rather than from the identification of a new business opportunity.
Chemical-free
Products or processes that do not contain synthetic chemicals or additives.
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