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Thepotemich [5.8K]
2 years ago
8

In general, which TWO characteristics define a "small" business?

Business
1 answer:
kykrilka [37]2 years ago
3 0

Small business includes business privately owned, through partnership or sole proprietorship and has fewer employees and revenue lesser than a regular-sized business.

Examples of Small business are Personal Trainers,  Local Auto Repairs, Fair Online Stores, Home care services etc

The major characteristic of small business are

  • Lower Revenue and Profit
  • Lower Employees
  • Small Market Area
  • Sole or Partnership Ownership

Learn more about small business here

<em>brainly.com/question/15146898</em>

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