SME

Small and midsize enterprises (SME) is a business whose elements are limited to a specified standard. Its employee number and revenue amount is under small and midsize enterprise standard of a country. The sizing and valuation of the businesses characteristics are subjected to the country’s standard. In the United States, the number depends on the industry the company is involved with while in the European Union a small-sized has below than 50 employees and a medium-sized has a number of employees below than 250.