A business that is created by separating parts of an operating business into a separate entity is called a

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A spin-off is a type of corporate restructuring where a business separates a part of its operations into a separate entity, often with the purpose of focusing on a specific line of business, raising capital, or improving efficiency. Synergy refers to the benefits that result from the combination of two or more businesses, while a franchise is a type of business model where a company grants the right to use its products, services, or brand to another business (the franchisee) in exchange for payment. Turnkey refers to a project or product that is fully completed and can be immediately used or operated by the buyer without further modifications.

A Business That Is Created by Separating Parts of an Operating