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When is a business small

      

When is a business small

  

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Faith
In general a small business has few employees, limited capital, low investment and low sales. A small business will be a business that has the following characteristics:-
(a) Management is independent, generally the managers are also the owners.
(b) The capital is contributed by one person or a small group.
(c) The area of operation is local—the owners and employees reside in one home com-munity.
(d) The size within the industry is small.
Titany answered the question on October 26, 2021 at 12:42


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