Satellite Operation

AAA

DEFINITION of 'Satellite Operation '

A small office in a different location from a company or government agency's main office. Reasons for opening a satellite operation may include reaching an underserved area, expanding market share and lifestyle/quality of life factors for employees. Satellite operations can be used in all kinds of businesses, such as doctor's offices, Department of Motor Vehicles offices, political offices and corporate offices.

INVESTOPEDIA EXPLAINS 'Satellite Operation '

In deciding whether to establish a satellite operation, companies must consider factors such as the cost of renting and furnishing another office, the cost of hiring additional staff to work in that office, and whether existing employees will be burdened by the need to travel to and from the main office to the satellite operation.



RELATED TERMS
  1. Virtual Office

    A business location that exists only in cyberspace. A virtual ...
  2. Home Office

    An office located inside the taxpayer's home that serves as the ...
  3. Branch Office

    A location, other than the main office, where business is conducted. ...
  4. Corporate Headquarters

    A place where a company's executive offices and executives' direct ...
  5. Front Office

    The sales personnel and corporate finance employees in a financial ...
  6. Adverse Domination

    A legal doctrine that allows regulators to bring litigation against ...
Related Articles
  1. The Basics Of Corporate Structure
    Investing Basics

    The Basics Of Corporate Structure

  2. Dealing With 10 Coworker Personality ...
    Professionals

    Dealing With 10 Coworker Personality ...

  3. Female CEOs Who Climbed The Corporate ...
    Entrepreneurship

    Female CEOs Who Climbed The Corporate ...

  4. Examples Of Using SWOT Analysis To Get ...
    Investing Basics

    Examples Of Using SWOT Analysis To Get ...

comments powered by Disqus
Hot Definitions
  1. Letter Of Credit

    A letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. ...
  2. Due Diligence - DD

    1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to ...
  3. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  4. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  5. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  6. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
Trading Center