Wednesday, 27 July 2011

Overview

Micro and Home Business Network 1, an Australian organization, defines a micro-business as one with five or less employees 2. This definition is often used in the United States.3 In Europe a business with less than ten employees may be officially considered a micro-business 4.

Generally speaking, governments tend to define small- and micro-businesses more broadly than colloquial uses of those terms. This article discusses micro-business in the colloquial sense.

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