Small and Medium-sized Enterprises: Difference between revisions
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Companies whose headcount or turnover falls below certain limits. | Companies whose headcount or turnover falls below certain limits. | ||
Even within the | The criteria vary between different jurisdictions. | ||
Even within the European Union, Member States may use different levels for domestic purposes. | |||
Revision as of 21:28, 28 April 2022
(SMEs).
Companies whose headcount or turnover falls below certain limits.
The criteria vary between different jurisdictions.
Even within the European Union, 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.
