3 ms·
FYI, the definition of small business in the US is fewer than 500 employees.
by chasebank 5mo ago
FYI, the definition of small business in the US is fewer than 500 employees.
- esperent 5mo agoDamn, that's an order of magnitude higher than the rest of the world. Never in my life would I have thought a business with more than 100 employees could be considered small. In the EU the cutoff is 50.
- _fizz_buzz_ 5mo agoMy understanding is that the US doesn’t really have an official category called “medium sized”. So I think the “small business” category is better compared to EU’s SME category (small-medium-enterprise), which is often lumped together.
- cantalopes 5mo agoYeah and if you have 20-50 people aboard you are already considered medium/big sized company. 500 is HUGE
- ycombinete 5mo agoAny business greater than Dunbar's Number should not be considered small.