Small Business

What constitutes a small business varies widely around the world. Small businesses are normally privately owned corporations, partnerships, or sole proprietorships. What constitutes "small" in terms of government support and tax policy varies by country and by industry, ranging from fewer than 15 employees under the Australian Fair Work Act 2009, 50 employees according to the definition used by the European Union, and fewer than 500 employees to qualify for many U.S. Small Business Administration programs, although in 2006 there were over 18,000 "small businesses" with over 500 employees that accounted for half of all the employees employed by all "small business ". Small businesses can also be classified according to other methods such as sales, assets, or net profits.

Small businesses are common in many countries, depending on the economic system in operation. Typical examples include: convenience stores, other small shops (such as a bakery or delicatessen), hairdressers, tradesmen, lawyers, accountants, restaurants, guest houses, photographers, small-scale manufacturing, and online business, such as web design and programming, etc.

Read more about Small Business:  Advantages of Small Business, Problems Faced By Small Businesses, Benefits of Supporting Local Business, Marketing The Small Business, Contribution To The Economy, Sources of Funding, Business Networks and Advocacy Groups

Other articles related to "small business, small, business":

Leutrell Osborne - Recommendations For Change
... Osborne oversaw programs of the Small Business Administration, vociferously advocating for small business participation in government contracting ... his OPM tenure, he also served as Chair of the Office of Small Disadvantaged Business Utilization Council, coordinating the Federal Government small business programs ...
Mike Michalowicz
... He is the author of the business books The Pumpkin Plan (Penguin Books, July 2012) and The Toilet Paper Entrepreneur (Obsidian Press, September 2008), is an advocate of a business ... He is the "Business Rescue" segment host for MSNBC's Your Business ... Michalowicz is a former monthly columnist for The Wall Street Journal's small-business section, and wrote the Small Business Shortcuts series ...
Sophia Aggelonitis - Politics
... Assistant to Harinder Takhar, the Minister of Small Business and Entrepreneurship ... She was also named chair of the Small Business Agency of Ontario to encourage better communication between government and small business ...
Small Business - Business Networks and Advocacy Groups
... Small businesses often join or come together to form organizations to advocate for their causes or to achieve economies of scale that larger businesses benefit from, such as the ... include local or regional groups such as Chambers of Commerce and Independent Business Alliances, as well as national or international industry-specific organizations ... Such groups often serve a dual purpose, as business networks to provide marketing and connect members to potential sales leads and suppliers, and also as advocacy groups, bringing together many small ...
Acts Of The 111th United States Congress - Public Laws - September 2010
... wholesale pork cuts and dairy products 111-240 September 27, 2010 Small Business Jobs Act of 2010 Created the Small Business Lending Fund Program and State Small Business. 30, 2010 Extended all programs under the Small Business Act and the Small Business Investment Act of 1958 for a year ...

Famous quotes containing the words business and/or small:

    If you’re so helpless you can’t find the water you’ve no business in it.
    Robert Tusker, and Michael Curtiz. Joanne Xavier (Fay Wray)

    Your small hands, precisely equal to my own—
    only the thumb is larger, longer—in these hands
    I could trust the world, or in many hands like these,
    handling power-tools or steering-wheel
    or touching a human face ...
    Adrienne Rich (b. 1929)