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Acronyms Dictionary

SMB

Definition

Small and Medium-sized Business. A business with revenue or employees below certain limits.

Deep Dive

SMBs are the backbone of most economies. While definitions vary by country, an SMB is typically a company with fewer than 500 employees. SMBs often have different needs and budgets than large "Enterprise" companies.

Examples & Use Cases

  • 1A local marketing agency identifying as an SMB
  • 2A software company building a "lite" version of their product tailored for SMBs
  • 3Government programs offering low-interest loans to help SMBs grow

Related Terms

SMEStartupEnterprise

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