The phrase 'peripheral businesses' is correct and usable in written English and can be used to describe businesses that are unrelated to the main topic of the conversation.
For example, "Though the company is primarily focused on manufacturing shoes, they also own several peripheral businesses, such as a car dealership."
We anticipate that divesting some of our peripheral businesses will further contribute to our capital base.
He has pledged to turn around operating performance by cutting costs, raising standards and getting out of peripheral businesses.
Stuart Rose, M&S chief executive, has disposed of almost all peripheral businesses to focus on the British chain.
Underperforming and peripheral businesses, including such well-known names as Polygram and Grundig, were sold.
Home Depot, for instance, is taking painful steps to make itself leaner, like shutting peripheral businesses including its Expo Design Centers.
It involves wrenching change, great risk, lots of scrutiny and the disposal of peripheral businesses in order to concentrate resources.
He also makes the construction task itself, and the peripheral business around it, funny.
Khan seems to be working under the assumption that winning will take care of all this team's peripheral business issues.
Ardian's technology is "one of the most exciting growth markets in medical devices," Sean Salmon, vice president for Medtronic's coronary and peripheral business, said in a statement.
Harris + Hoole's place within the Tesco group has been a source of speculation since Dave Lewis was parachuted in to lead the troubled grocer at the start of September amid calls from some analysts that peripheral business should be sold off.
The internet is undermining the dominance of mass media and handing power to start-ups, bloggers and companies like Google and Yahoo! for whom news is a peripheral business, not a consuming passion.Most of the families have sold up or stepped back from day-to-day management.
