Borderless business
A borderless business is one whose operations, clients and suppliers do not depend on a specific territory. It sells digital services or products, collects payment in several currencies, and keeps running if its owner changes country. Location stops being a constraint on the business model.
It is not the same as an online business. An e-commerce operation with its own warehouse is anchored to a territory; a consultancy with documented processes and international payment collection is not. What makes a business borderless is that its three critical dependencies — delivery, payment and acquisition — are independent of where you are.
Also called: location-independent business, global business