cottage industry

cottage industry definition - business

cottage industry

A small-scale production facility, generally in a home and operated by family members or neighbors. For example, several neighbors may quilt and offer their finished quilts for sale.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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