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Running into bankruptcy is one of the risks the locally operated faces in business. Lack of cash to pay employees and to expand is another risk that the locally operated businesses face.
well first of all it would help if you told where you lived == "Locally owned and operated" means that the business is actually owned by someone who lives in the area, and that person also runs the business. Many chains such as KFC will have local owners who own and run one or more stores.Answer KFC and their ilk are franchises and therefore would not come under the aegis of "locally owned and operated", which suggests a degree of independence not available to franchisees.
Credit union
Molly Maid Service is a locally owned and operated business. It provides cleaning services with no contracts and has been in business for over 25 years. All employees of Molly Maid are bonded and insured.
A small business is another term for independent business. This means the company is locally owned, isn't tradable on the stock market, etc.
Lola's and Elsie's business of selling milk was made locally.
It means that the business is located locally, how locally could mean, however, the same town or the surrounding state, county, or country.
better business bureau
It's been locally owned and operated by the Dupepe family since 1961.
If you are located near a coast I would shop at a locally owned and operated store. You will save on shipping on also be helping local business. If you are not located near a shop I would order online at www.blueoceantackle.com
an American federation of 39 independent, community-based and locally operated Blue Cross and Blue Shield healthcare companies,
Some examples of systems theory in locally operated companies include applying feedback loops to improve communication between departments, utilizing input-output analysis to optimize supply chain processes, and implementing cybernetics principles to enhance decision-making and adaptability within the organization.