Coral Sea-an arm of the South Pacific to the northeast of Australia. battle of the Coral Sea, Coral Sea-a Japanese defeat in World War II (May 1942); the first naval battle fought entirely by planes based on aircraft carriers.Pacific, Pacific Ocean-the largest ocean in the world.attle of the Coral Sea, Coral Sea-a Japanese defeat in World War II (May 1942); the first naval battle fought entirely by planes based on aircraft carriers.
What is a 'Cottage Industry'. A cottage industry is a small-scale industry often operated out of a home, rather than out of a factory. Cottage industries are defined by the amount of investment required to start, as well as the number of people employed. They often focus on the production of labor-intensive goods. Next Up.
Before launching a home-based cottage business, entrepreneurs should consider several steps in order to make the new business a success: 1  Research your industry to evaluate the competition. 2  Check zoning requirements to ensure you can legally operate your business from home. 3  Incorporate and register your business's name with the city or county clerk.