Mom and Pop

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Mom and Pop

1. Describing a small business, usually run by a family with few or no other employees. Prices at mom and pop businesses are usually unable to compete with large retail corporations, but they generally have a reputation for providing individualized service.

2. Describing an investor who does not invest for his/her primary income. Mom and pop investors are usually seeking to supplement their incomes or save for retirement.
References in periodicals archive ?
Reinette Alecozay, Randolph Air Force Base, Texas, Small Business Contracting Professional of the Year
With the Republicans controlling both houses of Congress, the Democratic members of the House Small Business Committee may face continued frustration when pushing small business-related legislation.
Overall, the survey confirms that banks, especially local institutions, continue to play a major role in small business finance.
Making government more "user friendly": Small business participants feel that most government regulations are cumbersome and redundant and ultimately inhibit their ability to do business.
The success of KeyCorp's small business campaign demonstrates that we achieved our goal of making small business owners from Maine to Alaska aware of the many different ways we can help them succeed," said Maltby.
Presented by Small Business Technology Magazine, the 2006 Product of the Year Awards honor the best technology products and services for small business.
General characteristics of the small business population as covered by the survey are measured by firm size.
But these aren't the only issues bothering small business owners.
Based on information obtained through its legal campaign and the Freedom of Information Act, ASBL president Lloyd Chapman estimates that over $200 million a day in federal small business contracts are actually going to the top 2 percent of firms in the United States.
The Federal Reserve's 1989 National Survey of Small Business Financing revealed that local commercial banks are the primary suppliers of most financial products used by established small firms.
The entity is not a subsidiary of another company that does not qualify as a small business issuer.
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