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What is medium scale industry?

Updated: 9/14/2023
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9y ago

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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

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11y ago
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9y ago

A medium scale industry employs between 1 to 1,500 persons. The industry should earn between $750,000 to $33.5 million to be considered a medium scale business.

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Q: What is medium scale industry?
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