What is Small Business?

Re: What is Small Business?

A business which has limited resources, money, area is called the small business. sometimes A business which is local area based also known as small business.

Re: What is Small Business?

We can get the lot of profit through these small business but also get the great experience about the business .
The investment in the business also matters and also the management to control them.

Re: What is Small Business?

Its is local area based business, so many small business are available in the market but its a depend upon on your choice, which kind of business would you like to start!

Re: What is Small Business?

As I understand it, any business that has a net under $5 mil. is a small business as per the Federal government. Don't know about NJ.

Re: What is Small Business?

These business are privately owned and operated, with a small number of employees and relatively low volume of sales.
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Re: What is Small Business?

A small business is a business that is privately owned and operated, with a small number of employees and relatively low volume of sales. Small businesses are normally privately owned corporations, partnerships, or sole proprietorships.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 etc.

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Re: What is Small Business?

Manufacturing: Maximum number of employees may range from 500 to 1500, depending on the type of product manufactured;

Wholesaling: Maximum number of employees may range from 100 to 500 depending on the particular product being provided;

Services: Annual receipts may not exceed $2.5 to $21.5 million, depending on the particular service being provided;

Retailing: Annual receipts may not exceed $5.0 to $21.0 million, depending on the particular product being provided;

General and Heavy Construction: General construction annual receipts may not exceed $13.5 to $17 million, depending on the type of construction;

Special Trade Construction: Annual receipts may not exceed $7 million; and

Agriculture: Annual receipts may not exceed $0.5 to $9.0 million, depending on the agricultural product.

Re: What is Small Business?

yes
all we want is to start with a small business...and then make it bigger and bigger
because we all not all have a rich parents or lucky enough...
try our best make our life more wonderfull......

Re: What is Small Business?

I think a small business is like entrepreneurship. So it's like having limited funds and a start-up.

Re: What is Small Business?

A small business is a business that is privately owned and operated, with a small number of employees and relatively low volume of sales. Small businesses are normally privately owned corporations, partnerships, or sole proprietorships. The legal definition of "small" varies by country and by industry, ranging from fewer than 15 employees under Fair Work Act 2009, 50 employees in the European Union,[citation needed] and fewer than 500 employees to qualify for many U.S. Small Business Administration programs.[1] Small businesses can also be classified according to other methods such as sales, assets, or net profits.
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Re: What is Small Business?

Small business is a company in the lower end of the scale, the company is considered small and medium enterprises. Small enterprises are defined as follow this same minibusiness, home-based business, single proprietor business, micropreneur etc.

Re: What is Small Business?

A small business is a business that is privately owned and operated a small number of employees, sales volume is relatively low. Small businesses are normally privately owned corporations, partnerships, or sole proprietorships. This is my personal mission to help you succeed you with the simple aim to gain this valuable experience.

Re: What is Small Business?

It is like building your profile. The more people that know about you and your business, the more that people will use it.