Small Enterprise
A small enterprise is a business that typically has a limited number of employees and generates a modest amount of revenue. These businesses often focus on local markets and may include shops, restaurants, or service providers. Small enterprises play a crucial role in the economy by creating jobs and fostering innovation.
Small enterprises are often categorized based on their size, which can vary by country. For example, in the United States, a small business is usually defined as having fewer than 500 employees. They often benefit from government support programs aimed at promoting entrepreneurship and economic growth.