Small Business
27 Jan 2012 Leave a Comment
in Small Business Tags: area, business, capital, characteristic, contribution, firm, following, independent, individual, industry, least, limited, local, management, manager, number, operate, overall, own, part, represent, small
A small business is a business that must have at least two of the following characteristics: 1) independent management with the managers often owning the firm, 2) the capital contribution coming from a limited number of individuals—perhaps only one, 3) the firm operating in a local area, and 4) the firm representing a small part of the overall industry.
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