Small business
Business Concept
South Bend's small business centerpiece...small businesses. Half of all Americans work for small businesses that represent 50 percent of private, nonfarm gross domestic product. Small businesses represent 74 percent of new jobs and are the leaders in job training. I suggest we... In this article: Small business, Revenue, Mecca, Goods and services, Tax, Starbucks, Chicago Skyway, and New Buffalo |
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Chicago Sun-Times | 1 day ago
Small businesses up against big-box titans
...for Black Friday shoppers Andre Guichard is hosting his four-year-old art gallery's first Black Friday door buster -- but as a small business going against big-box giants, he's staying open two hours later rather than opening earlier...
In this article: Recession, National Retail Federation, Ice cream, Chain store, and International Council of Shopping Centers
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TIME | 3 days ago
Small Business, Key to Recovery, Is Still Hurting
Host Katherine Lanpher talks with TIME's Justin Fox about market waves and Kate Pickert talks about why healthcare reform is good for small business "Think of a bug hitting a windshield going 60 miles an hour that was what January was...
In this article: Recession, Revenue, Small Business Administration, Tax, and Copper
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CNN | 4 days ago
Opinion: An insult to small business
Charity is an insult to small business By Samuel Sherraden, Special to CNN Goldman Sachs is creating $500 million fund to help small business Samuel Sherraden says government allowed Goldman to thrive in crisis He says small...
In this article: Goldman Sachs, United States, Wall Street, AIG, Washington, and E mail
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washingtonpost.com | 5 days ago
Bizmore Adds A Blog Network To Go After The Small Business Reader
At a time when publications targeting small business owners are in decline or dying (R.I.P. Fortune Small Business), the Web is thriving with experimentation. One effort that is just getting off its feet is Bizmore, a site backed by former...
In this article: Bizmore and Michael Milken
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NPR | 6 days ago
Small Business Stays 'Attached' To Laid-Off Workers
...of Tyler 2 Construction in Charlotte, N.C. Some of her employees have been on and off her payroll multiple times. November 23, 2009 Small business owners often say their employees are like family. "I spend more time with these people...
In this article: Unemployment, Revenue, Charlotte, Charlotte, N.C., North Carolina, and NPR
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scotsman.com - Economics | 7 days ago
Small businesses look overseas for cash as UK lending remains scarce
...Date: 22 November 2009 AMERICAN financial giants and foreign-owned banks with a base in the City are to be targeted by a leading small business organisation which sees them as potential sources of funding as Britain moves out of...
In this article: Recession, General Electric, UK, Federation of Small Businesses, Wells Fargo, and HBOS
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USATODAY.com | November 20, 2009
Strategies: Small businesses can get Black Friday bargains
...gadgets are perennial choices). But Black Friday - and the following Cyber Monday - can also be a great time to go shopping for your small business. Fortunately, I've got a sneak peek at the bargains for small business; I'll share some of...
In this article: Black Friday, Hard drive, Cyber Monday, Thanksgiving, OneNote, Powerpoint, Office Depot, Best Buy, and AMD
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Reuters | November 19, 2009
Geithner: Small businesses' tight credit hurts recovery
By David Lawder U.S. Treasury Secretary Timothy Geithner on Wednesday said tight credit for small business would hinder the economic recovery and called on banks to boost lending to smaller firms. "Without increased access to credit for...
In this article: Timothy Geithner, Small Business Administration, Treasury Department, and U.S.
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Geithner: Tight small business credit hurts recovery
...said in opening remarks to a small-business financing forum hosted by the Treasury. The forum aims to capture views of small business owners to help shape a new Obama administration initiative to provide low-cost capital to community...
In this article: Timothy Geithner, Unemployment, Small Business Administration, Federal Deposit Insurance Corp., and Barack Obama
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UPDATE 2-Geithner:Tight small business credit hurts recovery
* Geithner calls on banks to get back to lending * Tight small business credit will slow recovery-Geithner * FDIC's Bair encouraging "good" commercial property loans (Adds comments from Bair, small business owner, background) By David...
In this article: Timothy Geithner, FDIC, U.S., Unemployment, and Small Business Administration
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More on Small business
Description from Wikipedia:
A small business is a business that is independently owned and operated, with a small number of employees and relatively low volume of sales. The legal definition of "small" often varies by country and industry, but is generally under 100 employees in the United States and under 50 employees in the European Union. In comparison, the definition of mid-sized business by the number of employees is generally under 500 in the U.S. and 250 for the European Union. Smaill businesses are normally privately owned corporations, partnerships, or sole proprietorships. In Australia, small business is defined as 1-19 employees and medium businesses have 20-200 employees.
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.
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