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