Glossary - SME (Small and Medium-Sized Enterprise)
Description
A business that falls within a defined size range based on factors such as revenue, number of employees, or turnover. SMEs typically make up the majority of private businesses and are often valued for their flexibility, entrepreneurial culture, and growth potential.
Alternate Names
- Small Business
- Mid-Sized Company
- Private Company
- Family-Owned Business
- Owner-Managed Business
