Small and Medium-sized Enterprises: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add link.) |
||
| Line 18: | Line 18: | ||
* [[Mid-sized companies]] | * [[Mid-sized companies]] | ||
* [[Retail]] | * [[Retail]] | ||
* [[Small Business Commissioner]] | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Revision as of 21:11, 4 December 2021
(SMEs).
Companies whose headcount or turnover falls below certain limits.
For example, the European Union takes SMEs as having fewer than 250 employees and either turnover not exceeding €50m or (annual) balance sheet not exceeding €43m. Even within the EU, Member States may use different levels for domestic purposes.
Note.
The term uses 'enterprises' and not 'companies'. Of course, it might have used 'firms' or 'businesses' and so on rather than 'enterprises'. The reason is that the overwhelming majority of enterprises are not companies but are unincorporated small businesses.
