small business

  

Definition

Designation for firms of a certain size which fall below certain criteria (that varies from country to country) in terms of annual turnover, number of employees, total value of assets, etc. See also small and medium enterprise (SME).

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Obtaining Loans for Small or New Businesses

When starting a company, consider an SBA-guaranteed loan. Under this program, the U.S. Small Business Administration (SBA) guarantees a portion of a loan, often up to 85 percent, and enables a small b ... Read more

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