A small business is typically a privately owned company that operates on a limited scale. These businesses often have fewer employees and lower revenue compared to larger corporations. Examples of small businesses include local shops, restaurants, and service providers like plumbers or hair salons. They play a crucial role in the economy by creating jobs and fostering community connections. Small businesses are known for their personalized customer service and unique offerings. They often cater to local needs and preferences, making them an essential part of the community. Supporting small businesses can help stimulate the local economy and promote entrepreneurship, encouraging innovation and diversity in the marketplace.