A small business refers to a private corporation or partnership, such as restaurants, grocery stores, hairdressers, guest houses, or very small manufacturing.
Depending on the country, is considered a small business if it has fewer than 15 employees in Australia, less than 50 in European Union. In the US it has to have no more than 500.
A franchise is an example of small businesses, for instance, McDonald’s and Subway. The owner can sell the products and the services of a well-known brand, paying initial and annual fees.
Useful software solutions for your small business
- Best employee monitoring software
- 4 best tools for multi-store eCommerce with one database
- 5+ best ER diagram software for Windows 10
For any other best tools you may need to grow your small company, don’t hesitate to visit our dedicated Business section.