FYI, the definition of small business in the US is fewer than 500 employees.
Any business greater than Dunbar's Number should not be considered small.
Damn, 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.
My 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.
Yeah and if you have 20-50 people aboard you are already considered medium/big sized company. 500 is HUGE
Any business greater than Dunbar's Number should not be considered small.
Damn, 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.
My 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.
Yeah and if you have 20-50 people aboard you are already considered medium/big sized company. 500 is HUGE