1) its between small scale and large scale enterprise
2) it has 250 workers at maximum
3) annual turnover does not exceed EUR 50 million 4)annual balance-sheet total does not exceed EUR 43 million
Micro-scale enterprises, Small-scale enterprises, Medium-scale enterprises, Large-scale enterprises :)
Types of small and medium enterprise
0-500 employees
characteristics of sme
small enterprises have about 50 people employed in the business. a medium one has about 250 and a large one would be more than 250.
Micro-scale enterprises, Small-scale enterprises, Medium-scale enterprises, Large-scale enterprises :)
How does government policy affect small and medium scale enterprises in Nigeria
Types of small and medium enterprise
0-500 employees
The theories and models of small and medium scale enterprises in Nigeria basically outlines the immense contribution to the Nigerian economy.
characteristics of sme
Small and medium enterprises or small and medium-sized enterprises (SMEs; also small and medium-sized businesses, SMBs, and variations thereof) are companies whose headcount or turnover falls below certain limits.
Contributions of small scale medium scale enterprises are immense in an economy.Specially in rural areas, where the per capita income of the masses is absymally low, these enterprises help in generating employment,thus helping in attaining their livlihood. The garment sector in Bangladesh has made a sea change specially among the rural women folk. The Bangladesh Gramin Bank played a pivotal role by comming forward and helping these small scale industries come under an umbrella and become an important foreign exchange earner for the country through exports. It has been seen the big industries prefer to operate in urban and semi urban areas and where profit maximization is high, where as the small and medium scale enterprises act as torch bearer,contributing immensely to the national economy.
small enterprises have about 50 people employed in the business. a medium one has about 250 and a large one would be more than 250.
what is the disadvantage of medium enterprises
A Medium scale business usually is the result of a small business that has had slow and steady growth. The United States Small Business Administration considers any business that has surpassed the limit off 500 employees to be "large". The U.S. SBA designates small and medium scale business as SME's, or small and medium sized enterprises. The basis to determine whether a U.S. company is an SME or not is the amount of revenue the company earns yearly
The medium-sized business as fewer than 500.