4 ms·

500 people is a small business? Wow, definitely this definition is not used in Europe.

• nolok 7y ago
  Mmm it’s not that far in France a TPE is below 10, a PME between 10 and 250, ETI between 250 and 5000 and a GE above 5000. 500 is almost PME which stands for Petites et Moyennes Entreprises, literally small and medium sized business.
• kayoone 7y ago
  the EU guidelines says <= 250 employees, Germany's KMU is defined as <= 500 employees
  • kensai 7y ago
    Why the negative points? Exactly in both definitions, the French and the German, the M means MEDIUM. 500 is NOT a SMALL business. It's at least a medium one.
    • rswail 7y ago
      The generic term in industry is SME, ie Small to Medium Enterprise. Mom and Pop stores often don't even qualify as "Small".