The Intuit Small Business blog (Intuit is an Emergent Research client) has a good case study on Bottle Docker, a company that makes beverage carriers for consumers.
The firm is almost completely distributed and mobile, relying on technology and the Internet for most business operations. The focus of the case study is on mobile payments, but opens with a good description of a mobile business:
While the term mobile business is decades old, we’ve only more recently seen small businesses truly epitomize it. I’m talking about small businesses who have no “place of business” and rely completely on mobile technologies to perform every business function from email to customer management to sales.
We are seeing a growing number of virtual, mobile businesses. With this trend comes the need for casual office space - and is another driver of the coworking trend.

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