Small and medium-sized enterprises (SMEs) are businesses that maintain a limited scale of operations. They are typically categorized based on the number of employees and annual revenue. In many countries, SMEs are defined as having fewer than 250 employees, with small enterprises having fewer than 50 employees. These businesses play a crucial role in the economy by creating jobs and fostering innovation. SMEs contribute significantly to economic growth and development. They often serve local markets and can adapt quickly to changes in consumer demand. Additionally, governments often support SMEs through various programs and initiatives to promote entrepreneurship and enhance competitiveness.