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A small business is a business that is privately owned and operated, with a small number of employees and relatively low volume of sales. Small businesses are normally privately owned corporations, partnerships, or sole proprietorships. The legal definition of "small" varies by country and by industry. In the United States the Small Business Administration establishes small business size standards on an industry-by-industry basis, but generally specifies a small business as having fewer than 500 employees for manufacturing businesses and less than $7 million in annual receipts for most nonmanufacturing businesses. In the European Union, a small business generally has under 50 employees. However, in Australia, a small business is defined by the Fair Work Act 2009 as one with fewer than 15 employees. By comparison, a medium sized business or mid-sized business has under 500 employees in the US, 250 in the European Union and fewer than 200 in Australia. In addition to number of employees, other methods used to classify small companies include annual sales (turnover), value of assets and net profit (balance sheet), alone or in a mixed definition. These criteria are followed by the European Union, for instance (headcount, turnover and balance sheet totals). Small businesses are usually not dominant in their field of operation. Small businesses are common in many countries, depending on the economic system in operation. Typical examples include: convenience stores, other small shops (such as a bakery or delicatessen), hairdressers, tradesmen, lawyers, accountants, restaurants, guest houses, photographers, small-scale manufacturing etc. The smallest businesses, often located in private homes, are called microbusinesses (term used by international organizations such as the World Bank and the International Finance Corporation) or SoHos. The term "mom and pop business" is a common colloquial expression for a single-family operated business with few (or no) employees other than the owners. When judged by the number of employees, the American and the European definitions of a microbusiness are the same: under 10 employees. There is a notable trend to further segment different-sized microbusinesses; for instance, the term Very Small Business is now being used to refer to businesses that are the smallest of the smallest, such as those operated completely by one person or by 1-3 employees. From Wikipedia under the
GNU Free Documentation License Small business? Q. I raise animals as a hobby but my boss says that I might be able to claim it as a small busines or a hobby business and get deductions next year on taxes. I raise several breeds of livestock not exactly to mak a profit but I could with a few minor tweeks to how I operate. He said something about being able to get 28% of the money I pay on feed back. Does anyone know anything about this? Asked by rosey - Thu Jan 31 20:48:56 2008 - - 2 Answers - 1 Comments A. There is a category here under biz and finance called taxes, if you ask over there, someone might know the answer better than here under the small biz category... ~jennifer Helping others create income from home through education of the system and how it really works. Answered by Jennifer F - Thu Jan 31 21:32:14 2008 Considering doing a small business workshop in my area, any suggestions on marketing the event? Q. I am planning a small business workshop in my area to save people money on their telecommunications spend. What is the best way to market the event to get the best turnout? Asked by Fiona B - Tue Mar 3 11:47:39 2009 - - 1 Answers - 0 Comments A. Have a contest. The winner must attend. She wins a dinner at Olive Garden. Or a small shopping spree at Macy's. $100. Call a reporter for the local newspaper and ask if she will interview you. Answered by Ed Atun - Tue Mar 3 16:42:27 2009 What is the best way to Market small business?
Q. I operate a small web design business. What would be the best way to market for potential clients? My target audience is small businesses, home-based businesses and independents, what is the best way to target these groups? Asked by D V 2 - Thu May 31 21:28:16 2007 - - 4 Answers - 0 Comments A. Depending on your time and skill. You could do some quick makeovers to a select few small business owners that you would like to work with. Contact them via snail mail sending them a photo of their revamped homepage and tell them to contact you for more information. Wait a few days then contact them Note don't makeover sites that already look great. Start with the duds. The ones that look like a 3rd grader put together When you get a few appointments have them sign a contract with a clause near the end that they initial stating that if you do a great job that they will introduce you to 3 other colleagues. Explain to them that's how you maintain your business and that you only expect them to tell their colleagues if you've done a great… [cont.] Answered by nightowlmktg - Fri Jun 1 02:20:28 2007 From Yahoo Answer Search: "Small Business"
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 seekingalpha.com Sun, 05 Sep 2010 07:10:22 GMT+00:00 Are Not Optimistic: Is Health Care Cost the Reason? Seeking Alpha (blog) It certainly is true that small business is seeing much less indication of recovery. The NFIB (National Federation of Independent Business) survey is much ... Small Business Survery - Still No Hiring Coosa Valley News  northjersey.com Sun, 05 Sep 2010 06:08:36 GMT+00:00 and the unemployed need help NorthJersey.com Payroll firm Intuit Inc. in Mountain View, Calif., reported in the August edition of its Small Business Employment Index, which measures trends among 57000 ...  nnbw.com Mon, 06 Sep 2010 12:06:09 GMT+00:00 Northern Nevada Business Weekly A new type of lending institution is in the works to provide loans guaranteed by the Small Business Administration to Nevada businesses that need $35000 to ... From Google News Search: "Small Business" From Yahoo Image Search: "Small Business"  articleonlinedirectory.com unknown hu, 09 Sep 2010 17:22:43 GM It is a major decision when a . business. owner decides to seek access to capital. You might be at the point where you have used up all your personal finances and realize that you... From Google Blog Search: "Small Business"  bnet.com Fri, 02 May 2008 00:00:00 PDT Ami Kassar is Chief Innovation Officer at Advanta, one of the country's largest credit card issuers for small businesses. Kassar talks about ... bnet.com.  vids.myspace.com Thu, 21 May 2009 02:17:14 PDT Big Ideas for a Small Planet is a documentary series presenting the forward-thinking designers, products and processes that are at the forefront ... vids.myspace.com.  tv.com Mon, 23 Aug 2010 00:00:00 PDT The deputy sheriff of a small town believes a wealthy man may have been killed by a ghost.. tv.com. From Google Video Search: "Small Business" |
