High-Impact Business Law and Legal Definition
A high-impact business is a business that extends specialized products and services that permit high prices for the products produced. The important characteristics of a high-impact business are:
that it has a strong presence in international market sales;
that it may provide a market for existing local business products and services; and
that it is locally owned and managed.
Legal Definition list
Related Legal Terms
- Affected Item of Business
- Affiliated Business Arrangement
- Agribusiness
- Alternative Fuels Business
- Awarding Agency [Business Credit and Assistance]
- Base Closure Area [Small Business Administration]
- Better Business Bureaus
- Bill of Sale (Business)
- Branch or Additional Business Facility [Agricultural Marketing Service]
- Bureau of Economic, Energy, and Business Affairs [EEB] [Department of State]
