Microenterprise

Categories: Company Management

A “microenterprise” is an itty-bitty business working on a super-small scale. For the most part, they have a small budget, fewer than ten employees, and a tiny geographic presence. These businesses are independent, meaning they’re not just little franchises that are part of a much larger company. Picture the bridal alterations shop on the corner, or the crew of dudes that takes care of lawns in our suburban neighborhood. Those are microenterprises.

And no, they don't rent Hot Wheels to business travelers.



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