APP 004

• Small businesses are privately owned corporations, partnerships, or sole proprietorships that have fewer employees and/or less annual revenue than a regular-sized business or corporation.
• Small Businesses

  It typically has a small number of employees.
• Minute/Microenterprise

  employing nine people or fewer, and having a balance sheet or turnover less than a certain amount (e.g. €2 million or PhP 3 million)
• Trading Units

  in the stock market, most stocks trade in a lot size of 100 shares, although some higher priced stocks may trade in lots of 10 shares. Each market has its own lot size.
• Small and mid-size enterprises

  are businesses that maintain revenues, assets or a number of employees below a certain threshold. It has less than 250 employees.
• Medium Enterprise

  has an annual turnover greater than 1Billion euros. It has at least 100 to 490 employees.
• Large Enterprise

  checks at least one of the following two conditions: has at least 50 to 1000 employees.
• Small and mid-size Enterprise

  It has less than 250 employees.
• Large enterprise

  has at least 50 to 1000 employees.
• Medium enterprise

  It has at least 100 to 490 employees.
• Retail and business services

  are the most popular small business industries with 13% of the total share Retail and business services account for 13% of the total share of small businesses in 2020. They are followed by construction and contracting, at 12% each.