Cottage industry

From Citizendium, the Citizens' Compendium
Jump to: navigation, search
This article is a stub and thus not approved.
Main Article
Related Articles  [?]
Bibliography  [?]
External Links  [?]
Citable Version  [?]
This editable Main Article is under development and not meant to be cited; by editing it you can help to improve it towards a future approved, citable version. These unapproved articles are subject to a disclaimer.

A cottage industry is a small-scale business enterprise, so named because it is usually run out of someone’s home—originally, when the term was coined, a rural cottage. Today’s cottage industries operate as stand-alone businesses and/or as suppliers to larger businesses or industries.

Cottage industries often begin as hobbies and are an outlet for goods produced, sometimes as a way of financing the hobby or as a secondary income. Others grow out of experimentation or invention. Some cottage industries do so well that they become full scale businesses, and some of these have become legendary, as in Mrs. Field’s and Apple Computers.

Common cottage industries