Small and Medium-sized Enterprises: Difference between revisions

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(SMEs).  
(SMEs).  


Companies whose headcount or turnover falls below certain limits.
Companies whose headcount, turnover or total assets fall 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.
The criteria vary between different jurisdictions.
 
Even within the European Union, Member States may use different levels for domestic purposes.




''Note.''  
''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.  
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.  




== See also ==
== See also ==
* [[Alternative Credit Council]]  (ACC)
* [[Challenger bank]]
* [[Challenger bank]]
* [[Company]]
* [[Company]]
* [[Financial reporting]]
* [[Financial reporting]]
* [[Micro-enterprise]]
* [[Micro-multinational]]
* [[Micro-multinational]]
* [[Mid-sized companies]]
* [[Mid-sized companies]]
* [[Private credit]]
* [[Prompt Payment Code]]
* [[Retail]]
* [[Retail]]
* [[Small Business Commissioner]]
* [[Small Business Commissioner]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Compliance_and_audit]]
[[Category:Corporate_finance]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Long_term_funding]]
[[Category:Compliance_and_audit]]
[[Category:The_business_context]]
[[Category:Ethics]]

Latest revision as of 03:48, 6 February 2024

(SMEs).

Companies whose headcount, turnover or total assets fall 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.


See also