answersLogoWhite

0

Small business enterprises are usually private corporations, partnerships or sole proprietorship businesses. They are liable for government support and tax concessions. They are common in all countries. The number of employees determine the scale of business. For eg. in America, an enterprise having less than 500 employees within a year in non manufacturing industries, in Australia the number of employees should be less than 15, while in Europe it is 250 and in Asian countries it is 100. In some countries a small scale industry is determined by their financial measures like net profit, balance sheet total, etc.

User Avatar

Wiki User

10y ago

What else can I help you with?

Related Questions

What are the problems of setting up small scale business?

what are the problems of setting up small scale business what are the problems of setting up small scale business


What is small scale business?

Small-scale business is a privately-owned enterprise or franchise.


Sources of finance for small scale business in nigeria?

sources of finance to small scale business


List of small scale business?

The list of the small scale business includes the cyber cafe business, recharge card business, real estate business, and the fast foods business. The other types of small scale business includes food supply and bag printing business.


What is the definiation of small scale business?

The definition of small scale business is a small business enterprise that employs a low number of workers. It usually does not have high volume of sales.


What is main goal of a large scale business?

Humor: The goal is not to become a small scale business.


What type of business can you do in Lagos?

small scale importation business


What is the procedure for starting a small scale industry?

Please clarify: you wish to start a small scale industry? Perhaps you mean, small scale business?


How do you manage small scale business?

,l


Who manages the managers in a small business?

If it's a small-scale business the owner of the business usually acts as the manager.


Definition of small scale business in nigeria?

A small scale business in Nigeria is one that doesn't do as much business as a market leader. Typically, these businesses are locally owned businesses.


Definition of small scale business in Ghana?

Small scale business is the same anywhere - Mom 'n Pop store, newspaper stand, etc.