small business
small business Finance Definition
An
independently owned and operated business, whose owner(s) exercises close
control over operations and decisions. The equity is not publicly traded and
business financing is personally guaranteed by the owner(s). Typically, a small
business employs fewer than 100 workers and has revenues of less than $25
million. It also isnt dominant in its field. However, the definition of small
business tends to vary. Federal securities law define small business as a
company in the United States or Canada that has less than $25 million in annual
revenues and whose outstanding publicly-traded stock is worth less than $25
million.
Browse dictionary entries near small business
- small beer
- small arms
- small and medium enterprise
- small
- smacking
- smacker
- smack of
- smack down
- smack
- Sm
