Is it the amount of money the business brings in each year? The way the company is setup and how much capital they raised to get started? The answer to this question has never been quite clear to me.
Is it the amount of money the business brings in each year? The way the company is setup and how much capital they raised to get started? The answer to this question has never been quite clear to me.
Some differentiate a small and large business by the amount of employees and some by revenue.
To me, a big business is where an entrepreneur ,or entrepreneurs, brings in a team of people to create a product or service and oversees all the work that is being done.
A small business is where an entrepreneur, or entrepreneurs, does everything themselves and acts like a lone ranger. They handle the sells, marketing, accounting, store front, etc.
“All men dream, but not equally. Those men who dream by night in the dusty recesses of their minds wake in the morning to find it was but vanity, but those men who dream by day-these are the dangerous men, for they dream with open eyes to make their dreams come true.”
—T.E. Lawrence
I think it's the number of employees and the purpose of your business.
I think number of employees is the main difference between a small business and big business.
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